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TALKH CHIKHER JSC SOLD 37.5 TONS OF PRODUCTS AND EARNED SALES INCOME OF MNT 36.4 BILLION
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TALKH CHIKHER JSC SOLD 37.5 TONS OF PRODUCTS AND EARNED SALES INCOME OF MNT 36.4 BILLION


Talkh Chikher JSC, the food manufacturer, announced that it will update its equipment, diversify its products and boost its capacity in 2018. The company sold 37.8 tons of 98 products and earned MNT 36.4 billion. Sales income of the company rose 11.8 percent from the previous year. Talkh Chikher JSC which is listed in the Tier 1 on the Mongolian Stock Exchange put into use the vacuum storage system of 500 tons of flour from Italy and breadfruit system from Czech. The company decided to distribute a total of MNT 174.03 million dividends or MNT 170 per share in 2017. This equal 15.4 percent of net income. The company has distributed dividends 19 times since its IPO.


Source: BloombergTv.mn


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