Uzbek National Investment Fund said to mainly owe recorded YoY profit surge of nearly 4,000% to unrealised gains

Uzbekistan’s state-controlled National Investment Fund (UzNIF) has reported a year-on-year net profit surge of nearly 4,000 per cent but chiefly owed the stunning increase to unrealised gains on equity investments – recorded potential but unacquired profits, an Uzbek business news portal said.