State companies should increase profit growth by at least 10% annually. This was reminded by Deputy Chairman of the Cabinet of Ministers Bakyt Torobaev during the event dedicated to the results of work for 2024.

During the meeting, the positive dynamics of dividend growth was noted. At the end of 2024, the receipt of funds from state property management totalled 31 billion 930.7 million soms.

It was also announced that 5 large joint stock companies ensured the receipt of dividends to the republican budget. These are Kyrgyzaltyn, Ayil Bank, Eldik Bank, Manas International Airport and Kyrgyzneftegaz.

Specific tasks were set for companies with state ownership to improve their performance.

The companies should actively attract investment by establishing links with potential foreign and domestic investors. Joint stock companies are also tasked with IPO through the issue of securities and their placement on international and local stock exchanges.

Another direction is the development of electronic commerce. State-owned companies are obliged to raise the quality standards of goods and services, to study the possibilities of their export, as well as to introduce artificial intelligence in their work.

In addition, companies are instructed to keep transparent balance sheets, work on getting out of unprofitability and increasing net profit. They can contact the State Agency for State Property Management on corporate governance issues.