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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

"Monsec UTsK" LLC

Timetable: Даваа-Баасан 09:00-18:00
monsec.mn
Address: MONSEC
Email: monsec99@yahoo.com
Phone: 70153090 91918840
Fax: 70153090

Year Half year

Balance sheet

Current assets 3767148297.85
Noncurrent assets 20887466
Total assets 3788035763.85
Total liabilities 9901057
Total owner`s equity 3788035763.85

Income statement

Sales revenue 471057747.98
Cost of sales 0
Gross profit 330639161.6
Total expenses 127977257.78
Profit (or loss) for the year 330639161.6

Ratios

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

Audits

Audited БЭСТ ФОРТУНА АУДИТ

Balance sheet

Current assets 3767148297.85
Noncurrent assets 20887466
Total assets 3788035763.85
Total liabilities 9901057
Total owner`s equity 3778134706.85

Income statement

Sales revenue 471057747.98
Cost of sales 0
Gross profit 471057747.98
Total expenses 127437257.78
Profit (or loss) for the year 330639161.6

Ratios

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

Audits

Audited Бест фортуна

Balance sheet

Current assets 3703110214.81
Noncurrent assets 26848236
Total assets 3729958450.81
Total liabilities 152145822
Total owner`s equity 3577812628.81

Income statement

Sales revenue 217887393.16
Cost of sales 0
Gross profit 217887393.16
Total expenses 80934368
Profit (or loss) for the year 130317083.56

Ratios

Return on Assets /ROA/ 0.03
Return on Equity /ROE/ 0.04
Return on Total Assets /ROTA/ 0.06

Audits

Audited

Balance sheet

Current assets 3551996109.25
Noncurrent assets 37699606
Total assets 3589695715.25
Total liabilities 142200170
Total owner`s equity 3447495545.25

Income statement

Sales revenue 47162506.35
Cost of sales 0
Gross profit 47162506.35
Total expenses 115990170.39
Profit (or loss) for the year -83378331.2

Ratios

Return on Assets /ROA/ -0.02
Return on Equity /ROE/ -0.02
Return on Total Assets /ROTA/ 0.01

Audits

Audited Бест фортуна

Balance sheet

Current assets 359790115.69
Noncurrent assets 64400976
Total assets 424191091.69
Total liabilities 308128.47
Total owner`s equity 423882963.23

Income statement

Sales revenue 26863503.89
Cost of sales 0
Gross profit 26863503.89
Total expenses 25641057.39
Profit (or loss) for the year 1210222.03

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.06

Audits

Audited

Balance sheet

Current assets 361057434.45
Noncurrent assets 70112346
Total assets 431169780.45
Total liabilities 295904
Total owner`s equity 430873876.45

Income statement

Sales revenue 57244190.73
Cost of sales 0
Gross profit -10299207
Total expenses 67543398
Profit (or loss) for the year -25235880

Ratios

Return on Assets /ROA/ -0.06
Return on Equity /ROE/ -0.06
Return on Total Assets /ROTA/ 0.13

Audits

Audited Бэст фортуна аудит ХХК

Balance sheet

Current assets 361057434.45
Noncurrent assets 70112346
Total assets 431169780.45
Total liabilities 295904
Total owner`s equity 430873876.48

Income statement

Sales revenue 57244190.73
Cost of sales 0
Gross profit 57244190.73
Total expenses 67543398.63
Profit (or loss) for the year -10299207.9

Ratios

Return on Assets /ROA/ -0.02
Return on Equity /ROE/ -0.02
Return on Total Assets /ROTA/ 0.13

Audits

Audited Бест фортуна

Balance sheet

Current assets 378540788.6
Noncurrent assets 73123716
Total assets 451664504.96
Total liabilities 0
Total owner`s equity 451156339.4

Income statement

Sales revenue 52937740.39
Cost of sales 0
Gross profit 52937740.39
Total expenses 53508469.49
Profit (or loss) for the year -570729.1

Ratios

Return on Assets /ROA/ -0
Return on Equity /ROE/ -0
Return on Total Assets /ROTA/ 0.12

Audits

Audited

Balance sheet

Current assets 444265740
Noncurrent assets 13724063
Total assets 457989803
Total liabilities 1844000
Total owner`s equity 456109756

Income statement

Sales revenue 24867564
Cost of sales 0
Gross profit 24867564
Total expenses 21262881
Profit (or loss) for the year 3604683

Ratios

Return on Assets /ROA/ 0.01
Return on Equity /ROE/ 0.01
Return on Total Assets /ROTA/ 0.05

Audits

Audited Мишээл-Од аудит

Balance sheet

Current assets 443496548.41
Noncurrent assets 8032084
Total assets 451528632.41
Total liabilities 2022200.92
Total owner`s equity 449506431.52

Income statement

Sales revenue 5682422.88
Cost of sales 0
Gross profit 5682422.88
Total expenses 9979467.03
Profit (or loss) for the year 4297044.15

Ratios

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

Audits

Audited

Balance sheet

Current assets 447978123.56
Noncurrent assets 7900000
Total assets 455878123.56
Total liabilities 1022200.89
Total owner`s equity 454855922.64

Income statement

Sales revenue 48411763.22
Cost of sales 0
Gross profit 48411763.22
Total expenses 29682425.66
Profit (or loss) for the year 18542044

Ratios

Return on Assets /ROA/ 0.04
Return on Equity /ROE/ 0.04
Return on Total Assets /ROTA/ 0.11

Audits

Audited Мишээл-Од аудит

Balance sheet

Current assets 432404974.7
Noncurrent assets 8600000
Total assets 441004974.7
Total liabilities 1132329.02
Total owner`s equity 439872645.67

Income statement

Sales revenue 22390079.09
Cost of sales 0
Gross profit 22390079.09
Total expenses 19725734.64
Profit (or loss) for the year 1559630

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.05

Audits

Audited 0

Balance sheet

Current assets 429574701
Noncurrent assets 9300000
Total assets 438874701
Total liabilities 561685
Total owner`s equity 438313015

Income statement

Sales revenue 146592629
Cost of sales 0
Gross profit 146592629
Total expenses 90424071
Profit (or loss) for the year 54574325

Ratios

Return on Assets /ROA/ 0.12
Return on Equity /ROE/ 0.12
Return on Total Assets /ROTA/ 0.33

Audits

Audited Бест Фортуна

Balance sheet

Current assets 415020074.66
Noncurrent assets 9700000
Total assets 424720074.66
Total liabilities 25030.85
Total owner`s equity 424695043.79

Income statement

Sales revenue 74145824.94
Cost of sales 0
Gross profit 41647705.05
Total expenses 32498119.89
Profit (or loss) for the year 40956354.08

Ratios

Return on Assets /ROA/ 0.1
Return on Equity /ROE/ 0.1
Return on Total Assets /ROTA/ 0.17

Audits

Audited

Balance sheet

Current assets 373978039.45
Noncurrent assets 10100000
Total assets 384078039.45
Total liabilities 339349.74
Total owner`s equity 383738689.71

Income statement

Sales revenue 42209283.63
Cost of sales 0
Gross profit 42209283.63
Total expenses 42180134.27
Profit (or loss) for the year 26234.43

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.11

Audits

Audited БЕСТ ФОРТУНА АУДИТ

Balance sheet

Current assets 233339692.29
Noncurrent assets 10500000
Total assets 243839692.29
Total liabilities 485499.22
Total owner`s equity 243354193.07

Income statement

Sales revenue 39873272.47
Cost of sales 0
Gross profit 0
Total expenses 38382628.27
Profit (or loss) for the year 542870.78

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.16

Audits

Audited

Balance sheet

Current assets 232347757.09
Noncurrent assets 10800000
Total assets 243147757.09
Total liabilities 336434.8
Total owner`s equity 242811322.29

Income statement

Sales revenue 58200238.74
Cost of sales 0
Gross profit 58200238.74
Total expenses 54227888.75
Profit (or loss) for the year 2435564.99

Ratios

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

Audits

Audited Бест Фортуна аудит

Balance sheet

Current assets 229410066.2
Noncurrent assets 11000000
Total assets 240410066.2
Total liabilities 64665.8
Total owner`s equity 240345400.4

Income statement

Sales revenue 9645944.31
Cost of sales 0
Gross profit 9645944.31
Total expenses 9074285.31
Profit (or loss) for the year 514493.1

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.04

Audits

Audited

Balance sheet

Current assets 229227029.3
Noncurrent assets 11200000
Total assets 240427029.3
Total liabilities 51272
Total owner`s equity 240375757.3

Income statement

Sales revenue 8312483.37
Cost of sales 0
Gross profit 0
Total expenses 8209628.89
Profit (or loss) for the year 92569.03

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.03

Audits

Audited Мишээл-Од ХХК

Balance sheet

Current assets 229916342.59
Noncurrent assets 11400000
Total assets 241316342.59
Total liabilities 112395.93
Total owner`s equity 241203946.66

Income statement

Sales revenue 3496504.49
Cost of sales 0
Gross profit 3496504.49
Total expenses 2782410.72
Profit (or loss) for the year 424884.39

Ratios

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

Audits

Audited

Balance sheet

Current assets 229415048.82
Noncurrent assets 11600000
Total assets 241015048.82
Total liabilities 235986.55
Total owner`s equity 240779062.27

Income statement

Sales revenue 13612737.81
Cost of sales 0
Gross profit -239810.49
Total expenses 35547.48
Profit (or loss) for the year -275357.97

Ratios

Return on Assets /ROA/ -0
Return on Equity /ROE/ -0
Return on Total Assets /ROTA/ 0.06

Audits

Audited Мишээл-Од

Balance sheet

Current assets 252049203
Noncurrent assets 12528100
Total assets 264577303
Total liabilities 2007000
Total owner`s equity 262570303

Income statement

Sales revenue 7657533
Cost of sales 0
Gross profit 3132376
Total expenses 16919744
Profit (or loss) for the year -9262211

Ratios

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

Audits

Audited Эвиденсе аудит ХХК

Balance sheet

Current assets 260616448.84
Noncurrent assets 13013500
Total assets 273629948.84
Total liabilities 2007056.55
Total owner`s equity 271622892.29

Income statement

Sales revenue 12343765.88
Cost of sales 378660.56
Gross profit 11965105.32
Total expenses 12873637.95
Profit (or loss) for the year -1527832.63

Ratios

Return on Assets /ROA/ -0.01
Return on Equity /ROE/ -0.01
Return on Total Assets /ROTA/ 0.05

Audits

Audited Мишээл-Од

Balance sheet

Current assets 25955362.16
Noncurrent assets 12203484.97
Total assets 271758847.13
Total liabilities 1979356.55
Total owner`s equity 269779490.58

Income statement

Sales revenue 2547809.27
Cost of sales 378660.56
Gross profit 2169148.71
Total expenses 5540383.05
Profit (or loss) for the year -3371234.34

Ratios

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

Audits

Audited мишээл од

Balance sheet

Current assets 259904185
Noncurrent assets 15603112
Total assets 275507298
Total liabilities 1979356
Total owner`s equity 273527942

Income statement

Sales revenue 61970423
Cost of sales 10340471
Gross profit 51629951
Total expenses 51295541
Profit (or loss) for the year 334410

Ratios

Return on Assets /ROA/ 0
Return on Equity /ROE/ 0
Return on Total Assets /ROTA/ 0.22

Audits

Audited 1

Balance sheet

Current assets 254135856.86
Noncurrent assets 19002740.97
Total assets 273138597.83
Total liabilities 1945915.5
Total owner`s equity 271192682.29

Income statement

Sales revenue 48631413.26
Cost of sales 8948859.5
Gross profit 39682553.76
Total expenses 42123060.02
Profit (or loss) for the year -2786856.26

Ratios

Return on Assets /ROA/ -0.01
Return on Equity /ROE/ -0.01
Return on Total Assets /ROTA/ 0.18

Audits

Audited 0

Balance sheet

Current assets 46059221.45
Noncurrent assets 22156554.97
Total assets 68215776.42
Total liabilities 1696192.41
Total owner`s equity 66519584.01

Income statement

Sales revenue 91649063.11
Cost of sales 18959642.91
Gross profit 72689420.2
Total expenses 64574496.12
Profit (or loss) for the year 7222031.67

Ratios

Return on Assets /ROA/ 0.11
Return on Equity /ROE/ 0.11
Return on Total Assets /ROTA/ 1.34

Audits

Audited 0

Individual shareholders

№	Lastname Firstname	Position	Share
1	М.Отгонбаатар	Монсек ХХК Гүйцэтгэх Захирал	100%

Corporate shareholders

№	Company name	Share

Board members

№	Lastname Firstname	Position

№	Lastname Firstname	Position
1	Цэцэгээ Сайнбуян	Брокер
2	Балданжав Энхбаяр	Брокер шинжээч
3	Зүнзиндорж Түвшиндорж	Дорнод салбар захирал
4	Цэнд Болормаа	Брокер
5	Гомбо очир Намуунцэцэг	Брокер
6	санжмятав отгонцэцэг	үнэт цаасны шинжээч
7	Зэсэндаваа Энх-Амгалан	Брокер
8	Цогтбат Энхмэнд	Брокер
9	Моондой Отгон	Брокер
10	Довчинжав Отгонбилэг	Дотоод хяналт ажилтан
11	Манхан Отгонбаатар	Захирал
12	Даш Сүхээ	Брокер , дилер
13	Нямдорж Шагдарсүрэн	Дотоод хяналт, Эрсдлийн удирдагын ажилтан
14	Отгонбаатар Бат-эрдэнэ	Ай ти инженер
15	Төмөрбаатар Наранбулаг	Шинжээч,Комплайнсийн мэргэжилтэн

Announcements and notices

№	Headline	Date of release
1	ATTENTION TO SHAREHOLDERS OF “GAN KHERLEN” JSC	2017-04-24 03:03:08

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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

"Monsec UTsK" LLC

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