Sales revenue of Talkh Chikher JSC rose by around 15 percent and reached MNT 54.8 billion

Talkh Chikher JSC reported that the company supplied 70 percent of domestic bread products and 25 percent of bakery products.

The company produced more than 100 types products and earned MNT 54.8 billion from its sales in 2019, which was shown an increase of MNT 8.2 billion comparing to the same period of previous year.

The company has increased salary of its employees by 25-30 percent during the period as well as they are planning to introduce new online ordering service. Furthermore, Talkh Chikher JSC decided to distribute dividend of MNT 225 per share from net profit of 2019.

Shareholders meeting of the company will be held on April 20, 2020 according to the information of Mongolian Stock Exchange. Share price of the company has fallen by MNT 2,690 since the beginning of this year. As a result, market capitalization of the company has amounted to MNT 13.6 billion.

Source: bloombergtv.mn