In the first nine months, "Uzmetkombinat" generated 5.72 trillion sums from product sales, as reported in the quarterly report of the state company.
Compared to the same period last year, its revenue decreased by 6.9%. A comparable reduction was seen in the cost of goods sold, which amounted to 4.64 trillion sums—meaning the company achieved a gross profit of 1.08 trillion sums.
The company's operating expenses totaled 535.2 billion sums, which is 16.4% lower than in 2023. Combined with non-sales related income, the profit from core activities reached 571.7 billion sums—just 2.2% less than last year.
The company's financial income dropped by more than half, down to 200.8 billion sums, primarily due to a sharp decline in foreign exchange gains (173.57 billion sums). At the same time, losses from currency fluctuations increased by a third to 279.49 billion sums.
The net profit of the enterprise since the beginning of the year amounted to 224.7 billion sums, decreasing by almost 63% compared to the previous year. The plant paid 41.7 billion sums in profit tax.
The company's asset volume grew to 12.84 trillion sums, primarily due to an increase in capital investments by 2.1 trillion sums. Meanwhile, the size of liabilities rose significantly (7.01 trillion sums), especially short-term ones.
Earlier, Spot reported that Dilshod Akhmedov was appointed as the CEO of "Uzmetkombinat".