34 joint stock companies decided to distribute dividend for 2019

Companies listed on Mongolian Stock Exchange have announced their financial report of 2019 as well as they have decided whether to distribute dividend or not during the period. Currently 34 companies listed on MSE and MSX announced that they will distribute dividend from net profit of 2019. Total dividend amount of above companies has reached… Read more »

Mining companies listed on MSE scheduled annual general meeting of shareholders

Mining companies listed on MSE have scheduled their AGM. In particular, Tavantolgoi JSC listed on Tier-I of MSE scheduled to hold its annual general meeting of shareholders in Tsogttsetsii soum of Umnugobi province on April 29, 2020. The company will announce their decision with regards to the dividend distribution at the meeting. Sales revenue of… Read more »

Brief news of the market

Invescore NBFI JSC will issue a bond of MNT 10 billion. The company will offer closed-end bond to the investors and each one of the 10,000 bonds will be issued by MNT 1,000,000 par value. Also, shares of 15 shareholders which own 87.7 percent of Invescore NBFI JSC has been freed from separation as well… Read more »

Mongol Nekhmel JSC has planned to change its business structure

Mongol Nekhmel JSC listed on Tier-II of MSE has planned to change its business structure to limited liability company (LLC). Above issue will be discussed at the meeting of shareholders which will be held on April 29, 2020. Mongol Nekhmel JSC earned revenue from rent of real estate which is located in Khan-Uul district. In… Read more »

The newly listed companies are more keen on distributing dividends

29 companies out of the MSE listed companies has announced that they would be distributing dividends to shareholders from 2019 net profit. Gutal JSC /GTL: MO/ decided to distribute 1520 MNT per share, which is 2.4 billion MNT in total. The company had rented its building and decided to distribute 100% of its net profit… Read more »

Gobi JSC operated with profit of MNT 2.3 billion in 2019

Companies listed on MSE have been introducing their financial report. In particularly, Gobi JSC presented its financial report of 2019. Sales revenue of the company reached MNT 210.4 billion in 2019 whereas cost of goods sold was MNT 142.3 billion. Also, the company paid MNT 1.7 billion for income taxes. As a result, the company… Read more »

Dividend announcement for FY2019

As of February 28 2020, 27 companies have announced that they will distribute dividend for 2019. Dividend Announcement for FY2019.

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