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LENDMN JSC'S INTEREST INCOME INCREASED BY 143 TIMES
Company news

LENDMN JSC'S INTEREST INCOME INCREASED BY 143 TIMES


‘LendMN’ JSC earned net income of MNT 23.9 million. Before that, the company had a total loss of MNT 7.5 million in 2016. The company’s interest income increased by 143 times and reached MNT 961.7 million. The special shareholders meeting of the youngest player of the capital market is on 10th of May, 2018. Record date of shareholders is on 11th of April, 2018. Agenda of the meeting will be the election of the members of the Board of Directors and introduction of operational report and financial statements of the company. Thus, shareholders will discuss repurchasing own stocks on the special meeting.

The company’s stock price once reached MNT 57.8, but it equals about MNT 42. Two weeks have left since the IPO of the company. Trading turnover of the stocks has reached MNT 2.1 billion.


Source: BloombergTv.mn


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