Tashkent, Uzbekistan (UzDaily.com) -- Uzagrosugurta insurance company suffered a loss of 3.9 billion soums in the first quarter of this year, while for the same period in 2023 the loss amounted to 1.4 billion soums.

According to the quarterly report, gross profit from insurance decreased from 19.9 billion soums to 12.7 billion soums.

The uncovered loss for the year decreased from 34.1 billion to 18.1 billion soums.

The company's assets increased by 10.5% and reached 436.1 billion soums.

Capital at the end of the first quarter of 2024 increased by 16.1% compared to last year and amounted to 110.4 billion soums.

In accordance with the Presidential decree on the privatization of state-owned enterprises, by the first quarter of 2025, 94.5% of the shares of Uzagrosugurt will be put up for public auction on the international market with the participation of professional consultants.