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14210 Peace Avenue 19, Sukhbaatar District, 1st khoroo, Ulaanbaatar, Mongolia

Phone number: +976 7010 0261, 976 11 311944
Fax: +976 11 311944
E-mail: info@tdbsecurities.mn
NET PROFIT OF 'ADUUNCHULUUN' JSC DECREASED BY 40 PERCENT FROM THE SAME PERIOD OF THE PREVIOUS YEAR

NET PROFIT OF 'ADUUNCHULUUN' JSC DECREASED BY 40 PERCENT FROM THE SAME PERIOD OF THE PREVIOUS YEAR


According to the financials, sales revenue of 'Aduunchuluun' JSC has reached MNT 4.08 billion, which is lower by about 7 percent from the same period of the previous year. Net profit of the company has decreased by 40 percent y-o-y to MNT 368.1 million. 

'Aduunchuluun' JSC supplies most of its mined coal to Eastern energy system. In the first half of this year, the company sold 280 thousand tons of coal, which is close to the same period last year. In 2018, the company is planning to sell a total of 600 thousand tons of coal.

Share price of 'Aduunchuluun' JSC has decreased by 26 percent year-to-date and has reached MNT 2,200.


Source: BloombergTv.mn 


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