News around capital market

  • Companies listed on MSE have been introducing their financial report of the first half of 2020 according to the law on company.

APU JSC listed on Tier-I of MSE announced its financial report of H1, 2020. The company has earned MNT 198.3 billion as of the first half of 2020, which rose by MNT 96 billion comparing to the same period of last year. Finally, the company operated with profit of MNT 41.2 billion in H1. The company’s net profit increased by 3.4 times from same period of last year.

Furthermore, Gobi JSC listed on Tier-I of MSE earned MNT 37.5 billion from its sales in the first half of this year, which fell by MNT 29.3 billion compared with same period of previous year. As a result, the company operated with loss of MNT 21.4 billion whereas the company had shown profit of MNT 3.9 billion by the same period of 2019. Covid-19 pandemic is directly affecting to the company business and sales.

Suu JSC which is issuing FPO on MSE submitted its financial performances of the first half of this year. Sales revenue of the company has reached MNT 38.5 billion as of H1, 2020, which was shown an increase of MNT 1.3 billion compared with same period of 2019. Also, the company operated with MNT 2.1 billion profit whereas its net profit decreased by two times from H1 of 2019.

Monos Foods JSC has sold MNT 5.4 billion products as of the first half of 2020. Sales revenue of the company rose by MNT 800 million comparing to the same period of last year. As a result, the company operated with profit of MNT 399.9 million and its net profit slightly increased from H1 of 2019.

Tumen Shuvuut JSC introduced its H1 financial report. The company was newly listed on Tier-I of MSE as well as the company operated with net profit of MNT 2 billion. Sales revenue of the company reached MNT 11 billion, which rose by MNT 1.2 billion. However, net profit of the company decreased by MNT 400 million comparing to the same period of 2019. Covid-19 pandemic has been affecting to the businesses but some companies operate in food industry were shown a good result.

Finally, State Department Store JSC presented its financial report of the first half of this year. Total assets of the company have reached MNT 8 billion, which was not changed compared with same period of last year. Also, total liabilities of the company amounted to MNT 9.2 billion in H1, 2020. Although a fire broke out at the State Department Store building last month, the company was insured as a result, the company operated with profit of 37.4 million in H1, 2020.

Source: mse.mn