Kyzylkumcement JSC reports Q2 profit of 554.05 Million soums

Tashkent, Uzbekistan (UzDaily.com) – Kyzylkumcement JSC reported a net profit of 554.05 million soums for the second quarter of 2024, a significant decrease compared to 222.5 billion soums for the same period in 2023.

The company’s net revenue decreased by 23.4%, amounting to 696.9 billion soums. The cost of sales rose from 39.2 billion soums to 105.7 billion soums, reflecting a 169.4% increase compared to the previous year.

By the end of the second quarter, the company’s assets reached 3.6 trillion soums, which is a 21.3% increase compared to the same period in 2023.

The equity of Kyzylkumcement JSC grew by 8.8%, totaling 3 trillion soums.