Avesta Investment Group - Uzbekistan


Channel's geo and language: Uzbekistan, English
Category: Economics


Avesta Investment Group - a leading financial advisory firm in Uzbekistan and Turkmenistan.
https://www.avestagroup.com
https://www.facebook.com/avestagroup.uz/
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Channel's geo and language
Uzbekistan, English
Category
Economics
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Uzbek Commodity Exchange JSC (URTS) reported its key efficiency indicators for 2024FY, with sales reaching 427.6bln UZS (+13.5%) and net income at 319.7bln UZS (+39.5%).

The Supervisory Board has recommended a dividend payout of 382 UZS per share, which would allocate 44.8% of net income to dividends.








Uzbek airline startup Centrum Air received two Airbus A320s and plans to expand its fleet to 20 aircraft by the end of this year and 100 aircraft by 2026.

https://simpleflying.com/air-centrum-uzbek-startup-1st-aircraft-delivery/




In February, foreign reserves increased by 4.7%, rising from $42.9bln to $44.9bln, while gold reserves declined by $0.2bln.

https://cbu.uz/ru/statistics/intlreserves/2216781/




w03072025.pdf
479.6Kb
A weekly digest of news and overview of stock exchange trading results.




Overview:
- Uzkabel JSC will invest 30 bln UZS to increase the authorized capital of its affiliated company, UNITED CABLE-CO LLC;
- Foton JSC will repurchase shareholders' shares as part of its transformation into an LLC;
- KDB Bank JSC reduced the value of its assets by 12%, or 1.5 bln UZS;
- Ipoteka-bank (IPTB) JSCB will write off 30% of the loan debt of two enterprises: 158.2 bln UZS of Parvoz Xumo Ravnaq Trans LLC Group’s debt and 70.6 bln UZS of Sangzor-Textile LLC’s debt;
- Kapitalbank (KPBA) JSCB has approved a loan for MAKESENSE LLC;
- Agrobank (AGBA) JSCB will issue 1.36 bln additional shares worth 1.58 trln UZS. The shares will be placed through a private subscription, with the Ministry of Economy and Finance of Uzbekistan as the primary buyer, in accordance with Presidential Decree No. PF-205 (12.12.2023), Resolution No. PQ-312 (07.09.2024), and Resolution No. PQ-67 (19.02.2025);
- Shareholder Isamatova Shoira (Devhub JSC) has offered the remaining shareholders to buy shares due to an increase in her stake to 53.04%.




Dear Clients,

Please, note that Monday, March 10th, 2025 is National Holiday and not working day.













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