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    Uchkun OJSC lost more than 3.5 million KGS on exchange rate differences
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    Published

    08/01/2025, 09:49

    Uchkun OJSC lost more than 3.5 million KGS on exchange rate differences

    According to the financial statements of OJSC ‘Uchkun,’ in the first three months of this year, the company incurred losses from exchange rate differences on foreign currency transactions in the amount of 3 million 581.75 thousand KGS.

    These losses were recorded in the section on non-operating expenses.

    Despite the negative impact of currency fluctuations, the company ended the reporting period with a net profit of 107.3 million KGS. The main income for January–March amounted to almost 590.5 million KGS, and gross profit was 54.16 million KGS.

    In addition to foreign exchange losses, the company also recorded a negative financial result from other operating activities, with expenses exceeding income in this category by 34.2 million KGS.

    It should be added that Uchkuna's losses on foreign currency transactions at the end of the fourth quarter of 2024 exceeded 48 million KGS.


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