Sales revenue of Tavantolgoi JSC rises MNT 33.2 billion

“Tavantolgoi” JSC has announced its semi-annual financial report for 2019.

The report shows an increase in sales and the profitability of the company from the previous year’s figure. For example, the sales revenue reached MNT 123.7 billion, increasing 36.7 percent or MNT 33.24 billion from the previous year.

The net profit of the company totaled MNT 23 billion with MNT 437 earning per share, which was an increase of 19.5 percent compared to the previous year. Share price decreased 9.71 percent, to MNT 6,510.

Source: The Official Gazette