The Ukrainian Metal

Uzbekistan: AGMK net profit up in January-September 2025

Almalyk Mining and Metallurgical Combine JSC (AGMK) recorded a net profit of 8.3 trillion sums in the first nine months of 2025, representing a 35.1% increase compared to the same period in 2024.

In the third quarter alone, the company’s profit reached 3.8 trillion sums, up by 50.1% YoY. Meanwhile, export revenue declined to $377.8 million, accounting for 13.2% of total revenue, compared to $486.1 million (22.8%) a year earlier.

As of the end of the reporting period, AGMK’s total assets stood at 89.2 trillion sums (+41.8%), while equity capital reached 37.5 trillion sums (+44.6%). Retained earnings grew by 161.7%, amounting to 18.8 trillion sums.

Long-term loans and borrowings increased by 6.9 trillion sums, reaching 31.4 trillion sums, whereas short-term liabilities decreased by 256.1 billion sums, to 3.5 trillion sums. (UzDaily)

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