{"id":8491,"date":"2025-09-08T15:42:53","date_gmt":"2025-09-08T10:42:53","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/quvasoysement-lowered-losses-and-focused-on-debt\/"},"modified":"2025-09-08T15:42:53","modified_gmt":"2025-09-08T10:42:53","slug":"quvasoysement-lowered-losses-and-focused-on-debt","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/quvasoysement-lowered-losses-and-focused-on-debt\/","title":{"rendered":"\u201cQuvasoysement\u201d lowered losses and focused on debt"},"content":{"rendered":"<p data-start=\"697\" data-end=\"717\"><strong data-start=\"378\" data-end=\"399\">Why is this important<\/strong><\/p>\n<p data-start=\"697\" data-end=\"717\">The company demonstrates a significant decrease in losses and improvement in financial stability: revenue has decreased, but the debt burden has significantly reduced \u2014 long-term loans have been zeroed, and short-term loans have been reduced by almost half. This opens the way for stabilization and possible recovery. <\/p>\n<p data-start=\"697\" data-end=\"717\"><strong data-start=\"697\" data-end=\"715\">What happened<\/strong><\/p>\n<ul>\n<li data-start=\"720\" data-end=\"837\"><strong data-start=\"720\" data-end=\"730\">Loss:<\/strong> \u22125.3 billion soums in the first half of 2025 (compared to \u221262.7 billion in the first quarter of 2025 and \u221226.3 billion in the first half of 2024).<br \/>\n<strong data-start=\"840\" data-end=\"851\">Revenue<\/strong> fell from 63.7 billion to 50.8 billion soums.<br \/>\n<strong data-start=\"894\" data-end=\"913\">The gross profit <\/strong>decreased from 4.8 billion to 4.3 billion soums.<\/li>\n<li data-start=\"960\" data-end=\"1085\"><strong data-start=\"960\" data-end=\"995\">Long-term bank loans<\/strong> have recovered (37.5 billion soums), while <strong data-start=\"1020\" data-end=\"1037\">short-term<\/strong> loans have decreased from 107.0 billion to 54.1 billion soums.<\/li>\n<li data-start=\"1088\" data-end=\"1236\"><strong data-start=\"1088\" data-end=\"1116\">The sale of shares of JSC \u201cKvarts\u201d<\/strong> (89.78%) was completed: the purchase and sale agreement was terminated by mutual consent of the parties after non-fulfillment of payment terms.<\/li>\n<\/ul>\n<p data-start=\"1430\" data-end=\"1445\"><strong data-start=\"1430\" data-end=\"1443\">Context<\/strong><\/p>\n<p data-start=\"1448\" data-end=\"1566\">In the first quarter, Quvasoysement&#8217;s losses reached 62.7 billion soums, with a significant improvement of 5.3 billion. Discontinuing the \u201cKvarts\u201d deal could potentially remove a significant burden on the company&#8217;s funds and restore focus on core operations. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The net loss for the first half of the year was just 5.3 billion soums compared to 62.7 billion soums in the first quarter.<\/p>\n","protected":false},"author":4,"featured_media":8457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":[],"_sharing_image_fieldset":[],"pin_until":"","footnotes":""},"categories":[2061],"tags":[2335,2118,2332,2334,2333],"class_list":["post-8491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-debt-burden","tag-economics","tag-kvarts","tag-quvasoysement-en","tag-results"],"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>\u201cQuvasoysement\u201d lowered losses and focused on debt &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"The net loss for the first half of the year was just 5.3 billion soums compared to 62.7 billion soums in the first quarter.\" \/>\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\/quvasoysement-lowered-losses-and-focused-on-debt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cQuvasoysement\u201d lowered losses and focused on debt\" \/>\n<meta property=\"og:description\" content=\"The net loss for the first half of the year was just 5.3 billion soums compared to 62.7 billion soums in the first quarter.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/frank.uz\/en\/news-en\/quvasoysement-lowered-losses-and-focused-on-debt\/\" \/>\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=\"2025-09-08T10:42:53+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\/quvasoysement-lowered-losses-and-focused-on-debt\/\",\"url\":\"https:\/\/frank.uz\/en\/news-en\/quvasoysement-lowered-losses-and-focused-on-debt\/\",\"name\":\"\u201cQuvasoysement\u201d lowered losses and focused on debt &#8212; 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