The net profit of Uzbek automaker UzAuto Motors for January–September 2026 amounted to 1.867 trillion soums, compared to 3.517 trillion soums a year earlier. Thus, the figure decreased by 1.65 trillion soums, or 46.9%. According to the company’s financial statements published on October 31, revenue from the sale of cars, spare parts, and other products also decreased at the same time—by 13.2%, from 34.71 trillion to 30.12 trillion soums.
The cost of goods sold decreased by 11.2% to 27.17 trillion soums, down from 30.61 trillion soums for the same period last year. However, the reduction in production costs lagged behind the decline in revenue. As a result, the automaker’s gross profit fell by 28.2%, from 4.1 trillion to 2.94 trillion soums. The gross profit margin also decreased from 11.8% to 9.8%.
Operating performance deteriorated even more noticeably. UzAuto Motors’ operating profit plunged by 56.2%, from 2.96 trillion to 1.3 trillion soums. Meanwhile, selling expenses, on the contrary, rose by 14.3%, reaching 1.17 trillion soums. Profit before tax declined by 47.4% to 2.15 trillion soums, compared to 4.09 trillion soums for the first nine months of 2025.