Tashkent, Uzbekistan (UzDaily.uz) — UzAuto Motors' net profit fell 46.9% year on year to 1.867 trillion soums in January–September 2026, according to the company's financial statements published on the corporate information portal on 31 October.
The automaker reported net profit of 3.517 trillion soums in the first nine months of 2025. The year-on-year decline was 1.65 trillion soums.
Revenue from sales of cars, spare parts and other products fell 13.2% to 30.12 trillion soums from 34.71 trillion soums a year earlier. The cost of goods sold decreased by 11.2%, from 30.61 trillion to 27.17 trillion soums.
As production costs declined more slowly than revenue, gross profit dropped 28.2% to 2.94 trillion soums from 4.1 trillion soums. Gross profit accounted for about 9.8% of revenue, compared with 11.8% a year earlier.
Operating profit fell 56.2% to 1.3 trillion soums from 2.96 trillion soums. Meanwhile, selling expenses rose 14.3% to 1.17 trillion soums, compared with 1.02 trillion soums in January–September 2025.
Profit before tax decreased 47.4% to 2.15 trillion soums from 4.09 trillion soums.
Gains from positive exchange-rate differences fell 76% to 173.9 billion soums from 726.3 billion soums. At the same time, financial income increased to 1.2 trillion soums from 879.3 billion soums.
Expenses for servicing loans and finance leases rose to 525.1 billion soums from 481.2 billion soums.
UzAuto Motors' inventories were valued at 17.57 trillion soums as of 30 September 2026, compared with 11.7 trillion soums at the beginning of the year. Their value increased by 5.87 trillion soums, or 50.2%, over the nine-month period.
Short-term trade and other accounts payable rose 95.5% to 5.99 trillion soums from 3.07 trillion soums at the beginning of the year.
Meanwhile, cash and cash equivalents fell 80.6% to 257.2 billion soums from 1.33 trillion soums.
The company's total assets increased to 35.31 trillion soums from 31.75 trillion soums over the period. Liabilities rose to 17.99 trillion soums from 16.2 trillion soums, while equity increased to 17.32 trillion soums from 15.55 trillion soums.
