Economy

Net Profit of Tashkent Wine Factory reaches 47.4 billion soums

Net Profit of Tashkent Wine Factory reaches 47.4 billion soums
Net Profit of Tashkent Wine Factory reaches 47.4 billion soums / Photo: AI-generated image.

Tashkent, Uzbekistan (UzDaily.uz) —  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%).

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.