JSC 'Alskom' (ALSM) announced the results of 1Q2021: * Total a | Avesta Investment Group - Uzbekistan

JSC "Alskom" (ALSM) announced the results of 1Q2021:
* Total assets grew by 9.1% y-o-y and reached 26.2 billion UZS;
* Total equity rose to 44.7 billion UZS, or by 20.2%;
* Total liabilities decreased by 16.6% to 1.16 billion UZS;
* Insurance reserves increased by 4.8% and reached 66.7 billion UZS;
* Revenues decreased by 20.3% and amounted to 8.4 billion UZS;
* EBIT has been negative since 2016 and in 1Q21 amounted to -1.53 billion UZS;
* Net profit decreased by 13.5% and amounted to 414 million UZS;
* Estimated P/B ratio at 1,400 UZS per share - 0.57;
* Estimated P/E ratio at 1,400 UZS per share - 183.81.