Net Profit of Tashkent Wine Factory reaches 47.4 billion soums

Tashkent, Uzbekistan (UzDaily.com) —  The net profit of JSC "Toshkentvino Kombinati" for the first nine months of 2024 amounted to 47.4 billion soums, which is 0.4% lower compared to the same period in 2023.

The cost of goods sold decreased from 387.7 billion soums to 321.6 billion soums, contributing to a 58.4% increase in gross profit, which reached 240.1 billion soums.

Selling expenses grew from 59.7 billion soums to 138.1 billion soums (+131.2% year-on-year). The volume of short-term bank loans increased by 60.1%, from 79.0 billion soums to 126.5 billion soums, while short-term borrowings decreased by 15.2%, falling from 164.0 billion soums to 139.1 billion soums.

The company’s revenue grew by 4.1%, reaching 561.7 billion soums. Gross profit amounted to 240.1 billion soums, which is 58.4% more than in the same period of 2023.

The company’s assets amounted to 722.4 billion soums (+27.9%), and its capital reached 300.3 billion soums (+0.9%).