Tashkent, Uzbekistan (UzDaily.com) -- The net profit of Tashkentvino Plant for the first quarter of 2024 reached 22.8 billion soums, which is 10.9% more than in the first quarter of 2023.

According to the company’s report, revenue for this period amounted to 217 billion soums, which exceeds the same period in 2023 by 9.8%. Gross profit also increased from 54.3 billion to 84.6 billion soums, representing an increase of 55.9%.

Short-term bank loans increased from 90 billion to 135.7 billion soums (+50.7%), while short-term loans decreased from 169.0 billion to 151.8 billion soums (-10.1%).

The company’s assets decreased by 9.3% to 661.1 billion soums. During the reporting period, the company increased its equity capital by 13%, reaching 292.6 billion soums.