Tavan Tolgoi JSC releases 2017 financial report www.gogo.mn
According to the report, the sales revenue totalled MNT 428 billion in 2017, 2.4 times higher compared to the same period of 2016. The company paid a total of MNT 48 billion to income tax, earning a total of MNT 141 billion net profit.
In 2016, the company has distributed 85 percent of its net profit (MNT 45.9 billion, MNT 872 per share) as a dividend.
Additionally, the company's market value reached MNT 569 billion, the bid for shares hit MNT 1.4 million and distributed MNT 130 thousand per share in 2011, setting a record in Mongolian Stock Exchange.
Published Date:2018-02-15