“SUU” company operated with profit of MNT 4.19 billion

“Suu” company announced financial report of half year of 2019 yesterday. The company has earned MNT 37.2 billion during the period. Also, the company has operated with profit of MNT 4.19 billion or profit of MNT 12.17 at per share.

Comparing to the same period of last year, an amount of revenue increased by MNT 2.12 billion (6.04) and profit rose by MNT 1.99 billion (90.7 percent). Whereas long term loan of the Suu company has been increased by MNT 12.14 billion and reached MNT 20 billion. Moreover, short term loan has been decreased by MNT 5.6 billion which resulted MNT 6.4 billion.

Furthermore, Aduunchuluun company announced half year report. The company operated with loss of MNT 1.6 billion. The company has earned MNT 1.88 billion sales revenue but it has spent MNT 3.3 billion in this period. Sales revenue of Aduunchuluun company decreased by 54 percent compared to the same period of last year. Share price of the company decreased by 23.8 percent (MNT 499), which has reached MNT 1601.

Source: Local Newspaper “Today Newspaper”