Avesta Investment Group - Uzbekistan
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Avesta Investment Group - a leading financial advisory firm in Uzbekistan and Turkmenistan.

https://www.avestagroup.com
https://www.facebook.com/avestagroup.uz/

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JSCB "Kapitalbank" (KPBA) announced the results of 9M2023:
* Total assets increased by 43.3% y-o-y and reached 36.8trln UZS;
* Total liabilities increased by 41.7% up to 33.1trln UZS;
* Shareholders equity increased by 59.6% and equaled to 3.73trln UZS;
* Net interest income increased by 2.3 times and amounted 1.4trln UZS;
* Net fee and commission income increased by 38% and equaled to 432.2bln UZS;
* Net profit increased by 41% and amounted to 1.29trln UZS;
* Estimated P/B ratio at the level of 3,670 UZS per share - 0.42;
* Estimated P/E ratio at the level of 3,670 UZS per share - 1.24.
Hamkorbank JSCB (HMKB) announced the results of 9M2023:
* Total assets increased by 29.2 % y-o-y and reached 19.8trln UZS;
* Total liabilities increased by 26% up to 16.3trln UZS;
* Shareholders equity increased by 46.8% and equaled to 3.47trln UZS;
* Net interest income increased by 1.6 times and amounted 865.9bln UZS;
* Net fee and commission income increased by 22% and equaled to 340.7bln UZS;
* Net profit increased by 1.7 times and amounted to 915.2bln UZS;
* Estimated P/B ratio at the level of 79.99 UZS per share – 1.49;
* Estimated P/E ratio at the level of 79.99 UZS per share – 4.53.
Trastbank PJSCB (TRSB) announced the results of 9M2023:
* Total assets increased by 10.7 % y-o-y and reached 8.7trln UZS;
* Total liabilities increased by 2.8% up to 6.6trln UZS;
* Shareholders equity increased by 1.45 times and equaled to 2.15trln UZS;
* Net interest income increased by 14% and amounted 680.1bln UZS;
* Net fee and commission income increased by 27% and equaled to 186.9bln UZS;
* Net profit increased by 20% and amounted to 595.5bln UZS;
* Estimated P/B ratio at the level of 12 999.99 UZS per share – 6.03;
* Estimated P/E ratio at the level of 12 999.99 UZS per share – 18.87.
Uzumbank JSCB announced the results of 9M2023:
* Total assets increased by 3.3 times y-o-y and reached 584.5bln UZS;
* Total liabilities multiplied by 6.94 times to 340.9bln UZS;
* Shareholders equity rose 1.92 times and equaled to 243.6bln UZS;
* Net interest income grew by 22.2 times and amounted 9.05bln UZS;
* Net fee and commission income decreased by 16.9% to 39.68bln UZS;
* Net profit reduced by 34.5% and amounted to 17.4bln UZS.
Davrbank PJSCB (ex.DAVB) announced the results of 9M2023:
* Total assets grew by 1.73 times y-o-y and reached 5.65trln UZS;
* Total liabilities have almost the same growth by 1.74 times to 4.71trln UZS;
* Shareholders equity rose 66% and equaled 938.6.bln UZS;
* Net interest income grew by 44% and amounted to 301bln UZS;
* Net fee and commission income increased almost 5 times to 185.6bln UZS;
* Net profit rose more than 2 times and amounted to 302.8bln UZS;
* Estimated P/B ratio at the level of 5000 UZS per share – 0.43;
* Estimated P/E ratio at the level of 5000 UZS per share – 1.15.
China Southern Power Grid International signed $1bln contract to construct hydropower station in Tashkent region. Previously company had an MoU for construction of three small hydropower stations with 820MW capacity and $1.64bln project cost.

https://www.spot.uz/ru/2023/10/18/hydroelectricity/