BUSINESS | 14:35 / 10.08.2023
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4 min read

SAMA names state-owned enterprises with largest financial profits and losses

Uzbekistan National Power Grids was the first in the list of state-owned enterprises operating with the biggest financial loss, the company ended 2022 with a loss of 4.34 trillion soums. Last year, NMMC saw a net profit of 15.4 trillion soums, AMMC – 6.67 trillion soums.

Photo: Kun.uz

The State Assets Management Agency has published a list of state-owned enterprises with the largest financial profits and losses.

As of January 1, 2023, the number of state-owned enterprises was 2,340, of which 224 were joint-stock companies, 1,219 – limited liability companies, and 897 – state unitary enterprises.

30 state-owned companies with the largest profit:

1. "Navoi Mining and Metallurgical Combine" JSC - 15.4 trillion soums;

2. "Almalyk Mining and Metallurgical Combine" JSC - 6.67 trillion soums;

3. "National Bank of Foreign Economic Activity" JSC - 2.4 trillion soums;

4. "Navoiyuran" UE - 2 trillion soums;

5. "Navoiyazot" JSC - 1.33 trillion soums;

6. "Uzbekistan Metallurgical Combine" JSC - 1.16 trillion soums;

7. "Ipotekabank" JSCMB - 1.16 trillion soums;

8. "Uzbekneftgaz" JSC - 1.1 trillion soums;

9. "UZBAT" JSC - 988 billion soums;

10. "Uzavtosanoat" JSC - 871 billion soums;

11. "Agrobank" JSC - 609 billion soums;

12. "Trastbank" JSC - 605 billion soums;

13. "Uzsanoatqurilishbank" JSC - 589 billion soums;

14. "Ipak Yuli" JSCMB - 470 billion soums;

15. "Qishloqqurilishbank" JSC - 437 billion soums;

16. "Uzkimyosanoat" JSC - 434 billion soums;

17. "Uzbekistan Airports" JSC - 385 billion soums;

18. "Uzbekistan Airways" JSC - 54 billion soums;

19. "Thermal power stations" JSC - 243 billion soums;

20. "Ferganaazot" JSC - 234 billion soums;

21. "Aloqabank" JSC - 228 billion soums;

22. "Uzbektelecom" JSC - 227 billion soums;

23. "Hududgaztaminot" JSC - 202 billion soums;

24. "Uzbek Commodity Exchange" JSC - 198 billion soums;

25. "Uzaeronavigation Center" - 137 billion soums;

26. "Uzdonmakhusulot" JSC - 134 billion soums;

27. "Electromagnetic Adaptation Center" SUE - 118 billion soums;

28. "Uzbekistan-Oman" investment company LLC - 101 billion soums;

29. "E-auction" JSC - 99 billion soums;

30. "Uzbekkomir" JSC - 55 billion soums.

439 enterprises ended 2022 with a total loss of 13 trillion 169.8 billion soums. The 20 most affected were:

1. "Uzbekistan National Power Grids" JSC - 4.34 trillion soums;

2. "Uzgastrade" JSC - 3.96 trillion soums;

3. "Uztransgaz" JSC - 2.17 trillion soums;

4. "Uzbekistan Railways" JSC - 1.17 trillion soums;

5. "New Angren TPP" JSC - 237 billion soums;

6. "Angren TPP" JSC - 208 billion soums;

7. "Toshshahartranskhizmat" JSC - 155 billion soums;

8. "Grand Road Tashkent" LLC - 93 billion soums;

9. "Angren Power Station" SUE - 58 billion soums;

10. "Regional Electric Networks" JSC - 57 billion soums;

11. "Uz-Dong Yang Company" JV - 55 billion soums;

12. "Toshkent Issiqlik Markazi" SUE - 52 billion soums;

13. "Oltin Kon" LLC - 37 billion soums;

14. "Issiqlik Manbai" SUE - 34 billion soums;

15. "Nurlikum Uzbek-French joint venture" LLC - 29 billion soums;

16. "FC Bunyodkor" - 27 billion soums;

17. "FC Pakhtakor" - 25 billion soums;

18. “Tashkent region Thermal Power production department” - 22 billion soums;

19. "Uzagroexportbank" JSC - 18 billion soums;

20. "Uzsuvqurilish" JSC - 1.6 billion soums.

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