{"id":12256,"date":"2025-11-04T15:47:17","date_gmt":"2025-11-04T10:47:17","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/uzauto-earned-2-655-trillion-soums-in-9-months\/"},"modified":"2025-11-04T15:47:17","modified_gmt":"2025-11-04T10:47:17","slug":"uzauto-earned-2-655-trillion-soums-in-9-months","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/uzauto-earned-2-655-trillion-soums-in-9-months\/","title":{"rendered":"UzAuto earned 2.655 trillion soums in 9 months"},"content":{"rendered":"<h3>Why is this important<\/h3>\n<p>Revenue fell by 12.8% (from 40.6 to 35.4 trillion) due to car shortages and limited production. However, profit decreased by only 3.6% due to cost optimization (-12.1%). The third quarter turned out to be a record (1.3 trillion for 3 months versus 1.4 trillion for 6 months) due to the launch of the new Cobalt and high demand. Taxes \u2014 573 billion \u2014 contribution to the state budget.   <\/p>\n<h3>What happened<\/h3>\n<ul>\n<li>Net profit for 9 months \u2014 2.655 trillion (-3.6%);<\/li>\n<li>Revenue \u2014 35.4 trillion (-12.8%);<\/li>\n<li>III quarter \u2014 1.3 trillion in profit (almost half of the year);<\/li>\n<li>Production costs decreased by 12.1%;<\/li>\n<li>Taxes \u2014 573 billion.<\/li>\n<\/ul>\n<h3>Quarterly<\/h3>\n<ul>\n<li><strong>First half of the year (January-June):<\/strong> 1.4 trillion in profit.<\/li>\n<li><strong>III quarter (July-September):<\/strong> 1.3 trillion \u2014 almost the same amount for 3 months as for 6.<\/li>\n<li><strong>The reason: <\/strong>the launch of the updated Cobalt MCM in October caused a surge in demand, with pre-orders starting at the end of the third quarter.<\/li>\n<\/ul>\n<h3>Revenue decline<\/h3>\n<ul>\n<li><strong>35.4 trillion against 40.6 trillion: <\/strong>a decrease of 5.2 trillion (-12.8%).<\/li>\n<li><strong>Reasons:<\/strong>\n<ul>\n<li>Car shortage (demand exceeds supply);<\/li>\n<li>Limited production (300+ thousand cars per year, demand 500+);<\/li>\n<li>Delayed component deliveries.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3>Cost optimization<\/h3>\n<p>Production costs decreased by 12.1%, mitigating the decline in profits:<\/p>\n<ul>\n<li>Localization of components (less than imports);<\/li>\n<li>Logistics optimization;<\/li>\n<li>Reduction of costs per unit of output.<\/li>\n<\/ul>\n<h3>Taxes<\/h3>\n<p>573 billion soums ($47.7 million) for 9 months \u2014 contribution to the state budget. Main taxes: profit tax, VAT, excise taxes. <\/p>\n<h3>Context<\/h3>\n<ul>\n<li><strong>UzAuto Motors:<\/strong> a state-owned company dominating the market (70-80% of sales). Manufactures Chevrolet, Changan, plans BYD. <\/li>\n<li><strong>Shortage:<\/strong> demand exceeds supply by 2-3 times. 100 thousand new Cobalt cars sold out in 2.5 hours \u2014 an indicator of excitement. <\/li>\n<li><strong>III quarter \u2014 record:<\/strong> 1.3 trillion for 3 months versus 1.4 trillion for 6. It&#8217;s related to the launch of the new Cobalt and pre-orders. <\/li>\n<li><strong>Optimization: <\/strong>A 12.1% decrease in expenses compensated for the decline in revenue, keeping the profit at 2.655 trillion (-3.6%).<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Revenue fell by 12.8% to 35.4 trillion due to decreased sales. The third quarter brought 1.3 trillion in profit \u2014 almost the same as the first half of the year. <\/p>\n","protected":false},"author":4,"featured_media":11970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2025\/11\/690a3cd70eb8e.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":11970,"YlB8HH34jIzY":"UzAuto earned 2.655 trillion soums in 9 months"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2302,2118,3459,2650],"class_list":["post-12256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-automobiles","tag-economics","tag-financial-results","tag-uzauto-en"],"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>UzAuto earned 2.655 trillion soums in 9 months &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"Revenue fell by 12.8% to 35.4 trillion due to decreased sales. 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