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Index

51979.47

( 179.27 0.35% )

Index	Unit	Change
Top 20 Index	51979.47	179.27
MSE A Index	20163.33	114.09
MSE B Index	14660.88	16.11

News

MARCH 24, 2026 TRADING REPORT

2026-03-24 15:58:55

Total trade: MNT 51,089,595,545 (USD 14326783.23)

"KHUVSGUL" JSC RENAMED AS “ARD INVESTMENT GROUP” JSC

2026-03-24 14:51:44

This decision is based on Resolution No. 25/05 of the Extraordinary General Meeting of Shareholders held on September 22, 2025, and Official Request No. 25/47 dated November 12, 2025.

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS OF MONGOLIAN STOCK EXCHANGE

2026-03-23 17:37:46

Shareholders may review the materials starting from March 27, 2026, on working days between 09:00 – 17:00, at:

Member companies

"Standard Investment UTsK" LLC

Timetable: Даваа-Баасан 09:00-18:00
www.standardinvestment.mn
Address: n/a
Email: info@standardinvestment.mn
Phone: 70114433
Fax: 70114433

Year Half year

Balance sheet

Current assets 1824979705.06
Noncurrent assets 14733722.19
Total assets 1839713427.25
Total liabilities 525277477.42
Total owner`s equity 1314435949.83

Income statement

Sales revenue 314233274
Cost of sales 204904842.7
Gross profit 109328431.25
Total expenses 56554778.87
Profit (or loss) for the year 52773652.38

Ratios

Return on Assets /ROA/ 0.03
Return on Equity /ROE/ 0.04
Return on Total Assets /ROTA/ 0.17

Audits

Audited Шонхор үнэлгээ аудит ХХК

Balance sheet

Current assets 1
Noncurrent assets 14
Total assets 1
Total liabilities 227
Total owner`s equity 957

Income statement

Sales revenue 96
Cost of sales 2
Gross profit 0
Total expenses 140
Profit (or loss) for the year 0

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 96

Audits

Audited

Balance sheet

Current assets 1
Noncurrent assets 11
Total assets 1
Total liabilities 186
Total owner`s equity 984

Income statement

Sales revenue 392
Cost of sales 822
Gross profit 168
Total expenses 230
Profit (or loss) for the year 162

Ratios

Return on Assets /ROA/ 162
Return on Equity /ROE/ 0.16
Return on Total Assets /ROTA/ 392

Audits

Audited CSI AUDIT

Balance sheet

Current assets 962
Noncurrent assets 10
Total assets 973
Total liabilities 40
Total owner`s equity 932

Income statement

Sales revenue 215
Cost of sales 642
Gross profit 110
Total expenses 105
Profit (or loss) for the year 109

Ratios

Return on Assets /ROA/ 0.11
Return on Equity /ROE/ 0.12
Return on Total Assets /ROTA/ 0.22

Audits

Audited CSI AUDIT

Balance sheet

Current assets 1225
Noncurrent assets 3
Total assets 1228
Total liabilities 49
Total owner`s equity 1179

Income statement

Sales revenue 152
Cost of sales 0
Gross profit 152
Total expenses 45
Profit (or loss) for the year 107

Ratios

Return on Assets /ROA/ 0.09
Return on Equity /ROE/ 0.09
Return on Total Assets /ROTA/ 0.12

Audits

Audited -

Balance sheet

Current assets 364
Noncurrent assets 634
Total assets 999
Total liabilities 55
Total owner`s equity 943

Income statement

Sales revenue 138
Cost of sales 0
Gross profit 138
Total expenses 153
Profit (or loss) for the year 0

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.14

Audits

Audited Акпар Аудит ХХК

Balance sheet

Current assets 399
Noncurrent assets 858
Total assets 1
Total liabilities 66
Total owner`s equity 1

Income statement

Sales revenue 107
Cost of sales 0
Gross profit 107
Total expenses 98
Profit (or loss) for the year 9

Ratios

Return on Assets /ROA/ 9
Return on Equity /ROE/ 9
Return on Total Assets /ROTA/ 107

Audits

Audited -

Balance sheet

Current assets 737
Noncurrent assets 476
Total assets 1
Total liabilities 121
Total owner`s equity 1

Income statement

Sales revenue 225
Cost of sales 0
Gross profit 225
Total expenses 238
Profit (or loss) for the year 0

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 225

Audits

Audited Сүлд-Аудит ХХК

Balance sheet

Current assets 350
Noncurrent assets 715
Total assets 1
Total liabilities 471
Total owner`s equity 593

Income statement

Sales revenue 98
Cost of sales 0
Gross profit 98
Total expenses 78
Profit (or loss) for the year 17

Ratios

Return on Assets /ROA/ 17
Return on Equity /ROE/ 0.03
Return on Total Assets /ROTA/ 98

Audits

Audited -

Balance sheet

Current assets 301
Noncurrent assets 719
Total assets 1
Total liabilities 497
Total owner`s equity 523

Income statement

Sales revenue 117
Cost of sales 0
Gross profit 117
Total expenses 774
Profit (or loss) for the year 0

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 117

Audits

Audited Сүлд-Аудит ХХК

Balance sheet

Current assets 852146672
Noncurrent assets 652329996
Total assets 1504476668
Total liabilities 593632463
Total owner`s equity 910844205

Income statement

Sales revenue 15171589
Cost of sales 0
Gross profit 0
Total expenses 131455040
Profit (or loss) for the year 0

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.01

Audits

Audited -

Balance sheet

Current assets 1
Noncurrent assets 69
Total assets 1
Total liabilities 217
Total owner`s equity 853

Income statement

Sales revenue 75
Cost of sales 0
Gross profit 75
Total expenses 121
Profit (or loss) for the year 617

Ratios

Return on Assets /ROA/ 617
Return on Equity /ROE/ 0.72
Return on Total Assets /ROTA/ 75

Audits

Audited Нийслэл-Аудит ХХК

Balance sheet

Current assets 261
Noncurrent assets 11
Total assets 272
Total liabilities 35
Total owner`s equity 237

Income statement

Sales revenue 67
Cost of sales 0
Gross profit 67
Total expenses 76
Profit (or loss) for the year 0

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.25

Audits

Audited

Balance sheet

Current assets 258
Noncurrent assets 12
Total assets 270
Total liabilities 20
Total owner`s equity 250

Income statement

Sales revenue 111
Cost of sales 0
Gross profit 111
Total expenses 111
Profit (or loss) for the year 602

Ratios

Return on Assets /ROA/ 2.23
Return on Equity /ROE/ 2.41
Return on Total Assets /ROTA/ 0.41

Audits

Audited Фискал Аудит ХХК

Balance sheet

Current assets 253
Noncurrent assets 12
Total assets 265
Total liabilities 18
Total owner`s equity 247

Income statement

Sales revenue 52
Cost of sales 0
Gross profit 52
Total expenses 54
Profit (or loss) for the year 0

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.2

Audits

Audited

Balance sheet

Current assets 316
Noncurrent assets 11
Total assets 327
Total liabilities 77
Total owner`s equity 249

Income statement

Sales revenue 155
Cost of sales 0
Gross profit 155
Total expenses 152
Profit (or loss) for the year 3

Ratios

Return on Assets /ROA/ 0.01
Return on Equity /ROE/ 0.01
Return on Total Assets /ROTA/ 0.47

Audits

Audited Си Эс Ай Аудит ХХК

Balance sheet

Current assets 258205682
Noncurrent assets 12179355
Total assets 270385036
Total liabilities 23234985
Total owner`s equity 404000000

Income statement

Sales revenue 77026337
Cost of sales 4042734.7
Gross profit 77148267
Total expenses 76251363
Profit (or loss) for the year 803707

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.28

Audits

Audited Си Эс Ай аудит ХХК

Balance sheet

Current assets 350932924.05
Noncurrent assets 13556312.36
Total assets 364489236.41
Total liabilities 87254861.63
Total owner`s equity 277234374.78

Income statement

Sales revenue 68277002.9
Cost of sales 0
Gross profit 68277002.9
Total expenses 104126908.93
Profit (or loss) for the year -35052551.53

Ratios

Return on Assets /ROA/ -0.1
Return on Equity /ROE/ -0.13
Return on Total Assets /ROTA/ 0.19

Audits

Audited Си Эс Ай Аудит ХХК

Balance sheet

Current assets 361228030.96
Noncurrent assets 15900721.86
Total assets 377128752.81
Total liabilities 80479354.23
Total owner`s equity 296649398.62

Income statement

Sales revenue 59780462.73
Cost of sales 0
Gross profit 59780462.73
Total expenses 54971900.04
Profit (or loss) for the year 4362472.31

Ratios

Return on Assets /ROA/ 0.01
Return on Equity /ROE/ 0.01
Return on Total Assets /ROTA/ 0.16

Audits

Audited 0

Balance sheet

Current assets 303456779.26
Noncurrent assets 17134386.36
Total assets 320591165.62
Total liabilities 56304239.31
Total owner`s equity 264286926.31

Income statement

Sales revenue 96339873.81
Cost of sales 0
Gross profit 96339873.81
Total expenses 186812804.65
Profit (or loss) for the year -90906838.84

Ratios

Return on Assets /ROA/ -0.28
Return on Equity /ROE/ -0.34
Return on Total Assets /ROTA/ 0.3

Audits

Audited 1

Balance sheet

Current assets 316924993
Noncurrent assets 14986985
Total assets 331911977
Total liabilities 56678023
Total owner`s equity 275233954

Income statement

Sales revenue 88292398.77
Cost of sales 0
Gross profit 88292398.77
Total expenses 103507712.38
Profit (or loss) for the year -15272812.82

Ratios

Return on Assets /ROA/ -0.05
Return on Equity /ROE/ -0.06
Return on Total Assets /ROTA/ 0.27

Audits

Audited 0

Balance sheet

Current assets 49498405
Noncurrent assets 12104750
Total assets 61603155
Total liabilities 12097000
Total owner`s equity 49506155

Income statement

Sales revenue 466408
Cost of sales 0
Gross profit 466408
Total expenses 12280253
Profit (or loss) for the year -11813845

Ratios

Return on Assets /ROA/ -0.19
Return on Equity /ROE/ -0.24
Return on Total Assets /ROTA/ 0.01

Audits

Audited 0

Balance sheet

Current assets 51718040
Noncurrent assets 9320000
Total assets 61038040
Total liabilities 0
Total owner`s equity 61320000

Income statement

Sales revenue 24120
Cost of sales 0
Gross profit 24120
Total expenses 306080
Profit (or loss) for the year -281960

Ratios

Return on Assets /ROA/ -0
Return on Equity /ROE/ -0
Return on Total Assets /ROTA/ 0

Audits

Audited 0

Individual shareholders

№	Lastname Firstname	Position	Share
1	Чулуунтулга.Жаргал	"Cтандарт инвестмент ҮЦК" ХХК-ийн Гүйцэтгэх захирал	35%
2	Kobayashi.Richard Walter	"Cтандарт инвестмент ҮЦК" ХХК-ийн зөвлөх	5%
3	Нямдорж.Төгөлдөр	Ворлдфрендс ХХК гүйцэтгэх захирал	60%

Corporate shareholders

№	Company name	Share

Board members

№	Lastname Firstname	Position
1	Чулуунтулга Жаргал	Стандарт Инвестмент ҮЦК ХХК Зөвлөх
2	Гантулга Хатанболд	АйСиТи групп ХХК гүйцэтгэх захирал
3	Нямдорж Төгөлдөр	Ворлдфрендс ХХК гүйцэтгэх захирал

№	Lastname Firstname	Position
1	Зоригтбаатар Төрболд	Гүйцэтгэх захирал
2	Баярмагнай Эрдэнэжаргал	Шинжээч
3	Цэвэгмид Булганчимэг	Дотоод аудит
4	Хүрэлбаатар Ариунжаргал	Брокер
5	Машбат Учрал	Брокер
6	Баярмагнай Ундрал	Нягтлан бодогч
7	Гантулга Хатанболд	Үйл ажиллагааны зөвлөх
8	Ганболд Лхамсүрэн	Зөвлөх
9	Ричард Кобаяши	Зөвлөх
10	Чулуунтулга Жаргал	Зөвлөх
11	Энхбаатар Нандинцэцэг	Андеррайтерийн албаны ахлах
12	Баттулга Тэгшзаяа	Төлбөр тооцооны ахлах менежер
13	Нямдорж Төгөлдөр	Номинал данс хариуцсан ажилтан

Announcements and notices

№	Headline	Date of release
1	INTRODUCTION OF ITOOLS LLC SECURITIES EXTENDED UNTIL 2017.11.09	2017-10-30 12:13:13

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Index

51979.47

( 179.27 0.35% )

20163.33

( 114.09 0.57% )

14660.88

( 16.11 0.11% )

News

MARCH 24, 2026 TRADING REPORT

"KHUVSGUL" JSC RENAMED AS “ARD INVESTMENT GROUP” JSC

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS OF MONGOLIAN STOCK EXCHANGE

Member companies

"Standard Investment UTsK" LLC

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