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Kyrgyzstan shares preliminary estimates on net profits of state enterprises

Kyrgyzstan Materials 4 October 2022 13:12 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, October 4. The State Property Management Fund of Kyrgyzstan has shared preliminary data on net profits of state enterprises in the first 9 months of this year, Trend reports citing kabar.kg.

According to the fund's preliminary estimates, the net profit of state enterprises from January through September 2022 will amount to 1.3 billion soms ($16.2 million), and joint-stock companies with a state share - 8.5 billion soms ($106 million).

Chairman of State Property Management Fund Mirlan Bakirov noted that last year the net profit of Kyrgyz joint-stock companies with state share amounted to 11 billion soms ($137.1 million) and state enterprises amounted to 2 billion soms ($24.9 million).

Meanwhile, as of October 4, the official exchange rate set by the National Bank of Kyrgyzstan is 80.1 KGS/1 USD.

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