TASHKENT. Uzbekistan. August 9. The State Assets Management Agency (SAMA) of Uzbekistan has published a summary report presenting the lists of the most profitable and unprofitable enterprises of Uzbekistan with government participation for 2022, Trend reports.
According to this report, Navoi Mining and Metallurgical Combine JSC took the lead in the list of enterprises with the largest net profit last year. Its annual profit amounted to 15.4 trillion soum ($1.3 billion).
JSC Almalyk Mining and Metallurgical Complex took second place with a profit of 6.7 trillion soum ($574.3 million). Third place was taken by JSC National Bank for Foreign Economic Activity of the Republic of Uzbekistan, with a profit of 2.4 trillion soum ($205.7 million) in 2022.
The top ten companies with the highest net profit are included in the rating:
SE Navoiyuran - profit amounted to 2.1 trillion soum ($179.9 million);
JSC Navoiazot - 1.3 trillion soum ($111.4 million);
JSC Uzmetkombinat - 1.2 trillion soum ($102.9 million);
AKIB Ipoteka-Bank - 1.1 trillion soum ($94.3 million);
JSC Uzbekneftegaz - 1 trillion soum ($85.7 million);
JSC JV UZBAT A.O. - 988.6 billion soum ($84.7 million);
JSC Uzavtosanoat - 871 billion soum ($74.7 million).
In addition to AKIB Ipoteka-Bank, among the enterprises included in the list of the most profitable companies, there were also six more commercial banks. These are JSCB Agrobank with a profit of 609.2 billion soum ($52.2 million), CHAB Trustbank - 605.3 billion soum ($51.9 million), JSCB Uzpromstroybank with 588.9 billion soum ($50.5 million), AICB Ipak Yuli with 470.4 billion soum ($40.3 million), JSCB Kishlok Kurilish Bank - 437.5 billion soum ($37.5 million), and AK Alokabank with 228.4 billion soum ($19.6 million).
According to the list of the most unprofitable enterprises with government participation in 2022, the National Electric Networks of Uzbekistan JSC is in first place with a loss of 4.3 trillion soum ($368.6 million).
The list continues with UzGasTrade JSC with a loss of 3.9 trillion soum ($334.3 million), Uztransgas JSC with a loss of 2.2 trillion soum ($188.6 million), Uzbekistan Temir Yullari JSC with a loss of 1.2 trillion soum ($102.9 million), and Angren Thermal Power Plant JSC with a loss of 207.6 billion soum ($17.8 million).
In addition, the top ten unprofitable enterprises include JSC Toshshahartranshizmat with a loss of 155.4 billion soum ($13.3 million), in sixth place, and JSC Regional Electric Networks, with a loss of 56.7 billion soum ($4.9 million), in ninth place.