BAKU, Azerbaijan, Apr. 30
By Klavdiya Romakayeva - Trend:
The net profit of UzAuto Motors JSC for the first three months of 2021 increased by 8.9 billion soums ($844,975), Trend reports with reference to the report of the company published at the single portal of corporate information.
According to the report, the company's net profit for the reporting period amounted to 42.8 billion soums.
At the same time, income from the main activity of the company amounted to 47.4 billion soums ($4.5 million), that is, by 19.2 billion soums ($1.8 million) more than last year.
As for the amount of payment of income tax, it is noted that in this quarter it amounted to 50.8 billion soums ($4.8 million), last year the amount was equal to 40.3 billion soums ($3.8 million).
In addition, profit from the main activity of the company amounted to 35.6 billion soums ($3.4 million).
On April 22, 2021, UzAuto Motors JSC, with the support of the Ministry of Finance of Uzbekistan, announced to the participants of the world financial market the forthcoming issue of its first international bonds in the amount of $300 million.
It was reported that the bonds issued by UzAuto Motors will circulate for five years.
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