APU JSC: Net profit for the first half of 2021 increased by 81 percent

APU, the market leader, has announced its financial results for the second quarter of 2021. APU JSC and its subsidiaries reported sales of MNT 305 billion in the first half, earning a net profit of MNT 81 billion or MNT 76.9 per share. It is an increase of 34.9 percent in sales revenue and 81 percent in net profit from the same period of the previous year.

The company has previously said that domestic sales of dairy products increased, and regarding Covid-19, the group implemented a "crisis plan" within the company to gradually reduce operating costs. In addition, active operation in foreign markets may have affected financial performance. APU JSC has 7 domestic and 3 foreign subsidiaries.

Source: marketinfo.mn