Economics

Uzbektelecom increased its net profit 4.3-fold over nine months

Net profit of Uztelecom for the first nine months of 2026 grew by 329.7% to reach 1.4 trillion soums, while revenue increased by 12.7% to 8.7 trillion soums.

Uzbektelecom increased its net profit 4.3 times in nine months

The net profit of JSC Uzbektelecom based on the results of nine months of 2026 grew by 329.7% and amounted to 1.4 trillion soums, meaning it increased 4.3 times. This was reported by the disclosure portal openinfo.uz.

In the third quarter, from July to September, the company's net profit reached 484.0 billion soums. This is 55.5% more than in the same period last year.

Gross profit for the nine months increased from 2.7 trillion to 3.5 trillion soums. Profit from core operating activities grew by 48.4% — from 1.2 trillion to 1.8 trillion soums. The company's net revenue for the year rose by 12.7% and amounted to 8.7 trillion soums.

Uzbektelecom's assets grew by 34.2% and reached 17.9 trillion soums. Equity increased by 51.3% and amounted to 4.3 trillion soums. Retained earnings grew by 329.7% and reached 1.4 trillion soums.

The company's long-term bank loans over the nine months increased from 7.2 trillion to 8.5 trillion soums.

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