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Economy 07/11/2024 Net profit of Uzbekistan Airways reached 494.0 billion soums in Q3

Net profit of Uzbekistan Airways reached 494.0 billion soums in Q3

Tashkent, Uzbekistan (UzDaily.com) —  The net profit of Uzbekistan Airways for Q3 2024 amounted to 494.0 billion soums, which is 245.1% higher compared to the same period in 2023 (143.1 billion soums).

Other operating expenses increased from 254.6 billion soums to 1.1 trillion soums. Financial income decreased from 1.2 trillion soums to 542.6 billion soums, while related expenses fell from 2.2 trillion soums to 853.4 billion soums.

The company’s undistributed profit at the end of the quarter stood at 176.2 billion soums, compared to an uncovered loss of 319.8 billion soums in Q3 2023. Additionally, long-term bank loans decreased from 7.5 trillion soums to 6.9 trillion soums on a year-on-year basis.

The airline’s assets amounted to 18.4 trillion soums (+3.8%), while its capital reached 8 trillion soums (+6.2%).

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