Makhimpex JSC sold products of MNT 14.5 billion in 2020H1

Makhimpex JSC has sold products of MNT 1.5 billion for the first half of 2020. The company operated with loss of MNT 293.3 million because meat export of the company has interrupted due to movement restrictions with regards to the Covid-19 pandemic. In order to increase the export, the company is planning to start online trading and expand some types of products.

Stock price of Makhimpex JSC rose by 19.6% compared with the same period of last year. As a result, market capitalization of the company increased by MNT 1.8 billion and reached to MNT 11.3 billion.

Source: bloombergtv.mn