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Ernst & Young reveals total revenues of Uzbekneftegaz during 1H2021

Uzbekistan Materials 25 October 2021 20:16 (UTC +04:00)

BAKU, Azerbaijan, Oct. 25

By Natavan Rzayeva – Trend:

Ernst & Young audit company issued audit report on the financial statements of Uzbekneftegaz for the first 6 month of 2021, Trend reports via Uzbekneftegaz.

The volume of assets from January through June 2021 amounted to 105.7 trillion soums ($9.8 trillion), which is 6.7 trillion soums ($628.6 billion) more than last year (98.9 trillion soums or $9.2 trillion).

Total liabilities from January through June 2021 amounted to 51.2 trillion soums ($4.7 trillion), increasing by 3 trillion ($286.3 billion) over 6 months. For comparison, in 2020 total volume of liabilities amounted to 48.1 trillion soums ($4.4 trillion).

Total revenues and other incomes for the first 6 months of 2021 amounted to 11.9 trillion soums ($1.1 trillion), increased by 7.3 percent compared to the same period last year (11.1 trillion soums or $1 trillion).

The volume of costs and expenses for the first 6 months of 2021 amounted to 7.7 trillion soums ($720.1 billion), increasing by 26 percent. For comparison, the volume of costs and expenses for the same period last year amounted to 7.3 trillion soums ($691.4 billion).

Net profit from January through June 2021 amounted to 3.3 trillion soums ($314.2 billion), increasing by 26 percent. For comparison, net profit at the same period last year amounted to 2.6 trillion soums ($249 billion).

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