{"id":11578,"date":"2025-10-23T14:28:14","date_gmt":"2025-10-23T09:28:14","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold\/"},"modified":"2025-10-23T14:28:14","modified_gmt":"2025-10-23T09:28:14","slug":"kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold\/","title":{"rendered":"Kyzylkumcement reduced its losses by 4 times, but its interest expenses increased threefold"},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>The reduction in losses indicates the stabilization of operations of the country&#8217;s largest cement producer. However, the sharp increase in interest expenses and the credit burden puts the company&#8217;s financial stability under high interest rates. <\/p>\n<p><strong>What happened<\/strong><\/p>\n<ul>\n<li>Net loss for 9 months decreased to 16 billion soums (compared to 9.9 billion for the same period in 2024);<\/li>\n<li>In the second quarter, the company <a href=\"https:\/\/frank.uz\/news\/ubytok-kyzylkumczement-sostavil-70-mlrd-sumov-iz-za-rosta-dolgovoj-nagruzki\/\">recorded<\/a> a loss of 70.1 billion soums, in the first \u2014 64.2 billion;<\/li>\n<li>Interest expenses increased more than threefold \u2014 from 27.8 billion to 93.7 billion soums;<\/li>\n<li>Short-term bank loans reached 633.9 billion soums (+29.3% year-on-year);<\/li>\n<li>Short-term loans decreased by 54.5% to 19.1 billion soums.<\/li>\n<\/ul>\n<p><strong>Context<\/strong><\/p>\n<p>Kyzylkumcement is one of the largest cement producers in Uzbekistan, providing a significant share of the domestic market. The company suffered losses amid rising production costs, high energy costs, and interest rates. <\/p>\n<p>The decrease in losses in the third quarter may be related to the seasonal increase in demand for construction materials and improved operational efficiency. However, a 29% increase in the loan portfolio and a threefold increase in interest expenses create serious pressure on financial results. <\/p>\n<p>A 54.5% decrease in short-term loans may indicate a transition to bank financing or the repayment of part of the obligations. If the company maintains high interest rates, it will need to either increase revenue or reduce debt burden to achieve profitability. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Based on the results of nine months of 2025, the net loss of Kyzylkumcement amounted to 16 billion soums, compared to 70.1 billion soums in the second quarter. The company is improving its operating performance, but interest expenses have increased from 27.8 billion to 93.7 billion soums. <\/p>\n","protected":false},"author":4,"featured_media":11515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/10\/68fa2a1f158d2.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":11515,"YlB8HH34jIzY":"Kyzylkumcement reduced its losses by 4 times, but its interest expenses increased threefold"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2062,3399,3397,3398],"class_list":["post-11578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-business","tag-kyzylkumcement","tag-losses","tag-production"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Kyzylkumcement reduced its losses by 4 times, but its interest expenses increased threefold &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"Based on the results of nine months of 2025, the net loss of Kyzylkumcement amounted to 16 billion soums, compared to 70.1 billion soums in the second quarter. The company is improving its operating performance, but interest expenses have increased from 27.8 billion to 93.7 billion soums.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frank.uz\/en\/news-en\/kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kyzylkumcement reduced its losses by 4 times, but its interest expenses increased threefold\" \/>\n<meta property=\"og:description\" content=\"Based on the results of nine months of 2025, the net loss of Kyzylkumcement amounted to 16 billion soums, compared to 70.1 billion soums in the second quarter. The company is improving its operating performance, but interest expenses have increased from 27.8 billion to 93.7 billion soums.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/frank.uz\/en\/news-en\/kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold\/\" \/>\n<meta property=\"og:site_name\" content=\"Frank.uz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FrankUzbekistan\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-23T09:28:14+00:00\" \/>\n<meta name=\"author\" content=\"Azamat\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:site\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azamat\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold\/\",\"url\":\"https:\/\/frank.uz\/en\/news-en\/kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold\/\",\"name\":\"Kyzylkumcement reduced its losses by 4 times, but its interest expenses increased threefold &#8212; Frank.uz\",\"isPartOf\":{\"@id\":\"https:\/\/frank.uz\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/kyzylkumcement-reduced-its-losses-by-4-times-but-its-interest-expenses-increased-threefold\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/frank.uz\/wp-content\/uploads\/2025\/07\/hikmvn16413077472547_b.jpg\",\"datePublished\":\"2025-10-23T09:28:14+00:00\",\"author\":{\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/ef76c06f7f97345c76ba878b2a9bee67\"},\"description\":\"Based on the results of nine months of 2025, the net loss of Kyzylkumcement amounted to 16 billion soums, compared to 70.1 billion soums in the second quarter. 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