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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

"Netcapital UTsK" LLC

Timetable: Даваа-Баасан 09:00-18:00
Address: Shangri-La Centre, SBD - 1 khoroo, Ulaanbaatar 14241, 21f, 2101
Email: info@netsec.mn
Phone: 72991020
Fax: 0

Year Half year

Balance sheet

Current assets 1
Noncurrent assets 43
Total assets 1
Total liabilities 23
Total owner`s equity 1

Income statement

Sales revenue 768
Cost of sales 733
Gross profit 53
Total expenses 5
Profit (or loss) for the year 48

Ratios

Return on Assets /ROA/ 48
Return on Equity /ROE/ 48
Return on Total Assets /ROTA/ 768

Audits

Audited ДУНДМАНХАЙДАЙ АУДИТ ХХК

Balance sheet

Current assets 165
Noncurrent assets 0
Total assets 165
Total liabilities 40
Total owner`s equity 165

Income statement

Sales revenue 97
Cost of sales 78
Gross profit 18
Total expenses 4
Profit (or loss) for the year 14

Ratios

Return on Assets /ROA/ 0.08
Return on Equity /ROE/ 0.08
Return on Total Assets /ROTA/ 0.59

Audits

Audited ДУНДМАНХАЙДАЙ АУДИТ ХХК

Balance sheet

Current assets 105545200.82
Noncurrent assets 0
Total assets 105545200.82
Total liabilities 872007.9
Total owner`s equity 104673192.92

Income statement

Sales revenue 6341534.3
Cost of sales 0
Gross profit 6341534.3
Total expenses 13161839.12
Profit (or loss) for the year -6820304.82

Ratios

Return on Assets /ROA/ -0.06
Return on Equity /ROE/ -0.07
Return on Total Assets /ROTA/ 0.06

Audits

Audited ДУНДМАНХАЙДАЙ АУДИТ ХХК

Balance sheet

Current assets 107479244
Noncurrent assets 0
Total assets 107479244
Total liabilities 36331
Total owner`s equity 107442913

Income statement

Sales revenue 8873867
Cost of sales 0
Gross profit 8873867
Total expenses 7105729
Profit (or loss) for the year 1750457

Ratios

Return on Assets /ROA/ 0.02
Return on Equity /ROE/ 0.02
Return on Total Assets /ROTA/ 0.08

Audits

Audited

Balance sheet

Current assets 82880716.49
Noncurrent assets 30275295.04
Total assets 113156011.53
Total liabilities 23555.46
Total owner`s equity 113132456.07

Income statement

Sales revenue 11126169.69
Cost of sales 0
Gross profit 11126169.69
Total expenses 10180623.4
Profit (or loss) for the year 945546.29

Ratios

Return on Assets /ROA/ 0.01
Return on Equity /ROE/ 0.01
Return on Total Assets /ROTA/ 0.1

Audits

Audited Юнистар аудит

Balance sheet

Current assets 80241355.88
Noncurrent assets 31683448.28
Total assets 111924804.16
Total liabilities 8650
Total owner`s equity 111916154.16

Income statement

Sales revenue 3427482.41
Cost of sales 0
Gross profit 0
Total expenses 5221970.99
Profit (or loss) for the year 1794488.58

Ratios

Return on Assets /ROA/ 0.02
Return on Equity /ROE/ 0.02
Return on Total Assets /ROTA/ 0.03

Audits

Audited

Balance sheet

Current assets 81828366.49
Noncurrent assets 33541576.25
Total assets 115369942.74
Total liabilities 0
Total owner`s equity 115369942.74

Income statement

Sales revenue 11663887.54
Cost of sales 0
Gross profit 11663887
Total expenses 11760696
Profit (or loss) for the year 896041

Ratios

Return on Assets /ROA/ 0.01
Return on Equity /ROE/ 0.01
Return on Total Assets /ROTA/ 0.1

Audits

Audited Мишээл-Од аудит

Balance sheet

Current assets 81462000.63
Noncurrent assets 33636485.93
Total assets 115098486.56
Total liabilities 0
Total owner`s equity 115098486.56

Income statement

Sales revenue 4963936.53
Cost of sales 0
Gross profit 4963936.53
Total expenses 7648433.73
Profit (or loss) for the year -2684497.2

Ratios

Return on Assets /ROA/ -0.02
Return on Equity /ROE/ -0.02
Return on Total Assets /ROTA/ 0.04

Audits

Audited 0

Balance sheet

Current assets 80303823.35
Noncurrent assets 38016132.73
Total assets 118319956.08
Total liabilities 153093.33
Total owner`s equity 118166862.76

Income statement

Sales revenue 54432220.13
Cost of sales 0
Gross profit 54432220.13
Total expenses 39122887.63
Profit (or loss) for the year 15156239.18

Ratios

Return on Assets /ROA/ 0.13
Return on Equity /ROE/ 0.13
Return on Total Assets /ROTA/ 0.46

Audits

Audited Мишээл-Од

Balance sheet

Current assets 76826459.16
Noncurrent assets 41224450.49
Total assets 118050909.65
Total liabilities 61516.85
Total owner`s equity 117989392.8

Income statement

Sales revenue 42984755.58
Cost of sales 0
Gross profit 14623607.07
Total expenses 28361448.51
Profit (or loss) for the year 13532864.22

Ratios

Return on Assets /ROA/ 0.11
Return on Equity /ROE/ 0.11
Return on Total Assets /ROTA/ 0.36

Audits

Audited 0

Balance sheet

Current assets 64653264.37
Noncurrent assets 39803264.21
Total assets 104456528.58
Total liabilities 0
Total owner`s equity 104456528.58

Income statement

Sales revenue 20620043.75
Cost of sales 0
Gross profit 20620043.75
Total expenses 20679635.59
Profit (or loss) for the year -59591.84

Ratios

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

Audits

Audited МИШЭЭЛ-ОД АУДИТ

Balance sheet

Current assets 59056604.42
Noncurrent assets 41002561.53
Total assets 100059165.9
Total liabilities 0
Total owner`s equity 100059165.9

Income statement

Sales revenue 10989586.2
Cost of sales 0
Gross profit 0
Total expenses 1544654.72
Profit (or loss) for the year -4998954.52

Ratios

Return on Assets /ROA/ -0.05
Return on Equity /ROE/ -0.05
Return on Total Assets /ROTA/ 0.11

Audits

Audited

Balance sheet

Current assets 63043098.91
Noncurrent assets 42339641.9
Total assets 105382740.81
Total liabilities 324620.39
Total owner`s equity 105058120.42

Income statement

Sales revenue 61106258.99
Cost of sales 0
Gross profit 61106258.99
Total expenses 54209949.11
Profit (or loss) for the year 5005388.19

Ratios

Return on Assets /ROA/ 0.05
Return on Equity /ROE/ 0.05
Return on Total Assets /ROTA/ 0.58

Audits

Audited Мишээл Од аудит

Balance sheet

Current assets 57087547.16
Noncurrent assets 41833205.6
Total assets 98920752.76
Total liabilities 223650
Total owner`s equity 98697102.76

Income statement

Sales revenue 9595262.5
Cost of sales 0
Gross profit 9595262.5
Total expenses 10921757.97
Profit (or loss) for the year -1326495.47

Ratios

Return on Assets /ROA/ -0.01
Return on Equity /ROE/ -0.01
Return on Total Assets /ROTA/ 0.1

Audits

Audited

Balance sheet

Current assets 57377872.3
Noncurrent assets 42887019.3
Total assets 100264891.6
Total liabilities 212159.37
Total owner`s equity 100052732.23

Income statement

Sales revenue 32517641.9
Cost of sales 0
Gross profit 32517641.9
Total expenses 29843563.23
Profit (or loss) for the year 2406670.8

Ratios

Return on Assets /ROA/ 0.02
Return on Equity /ROE/ 0.02
Return on Total Assets /ROTA/ 0.32

Audits

Audited Мишээл-Од аудит

Balance sheet

Current assets 51094085.03
Noncurrent assets 43940833
Total assets 95034918.03
Total liabilities 391692.01
Total owner`s equity 94643226.02

Income statement

Sales revenue 22575785.48
Cost of sales 0
Gross profit 22575785.48
Total expenses 22023390.38
Profit (or loss) for the year 552395.1

Ratios

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

Audits

Audited

Balance sheet

Current assets 38718698.1
Noncurrent assets 44796696.71
Total assets 83796644.81
Total liabilities 72520
Total owner`s equity 83724124.81

Income statement

Sales revenue 17376271.28
Cost of sales 0
Gross profit 17376271.28
Total expenses 22571248.56
Profit (or loss) for the year 5194977.28

Ratios

Return on Assets /ROA/ 0.06
Return on Equity /ROE/ 0.06
Return on Total Assets /ROTA/ 0.21

Audits

Audited Мишээл-Од

Balance sheet

Current assets 37344368.96
Noncurrent assets 48455685.15
Total assets 85800054.11
Total liabilities 221838.94
Total owner`s equity 85578215.17

Income statement

Sales revenue 11952897.86
Cost of sales 0
Gross profit 11952897.86
Total expenses 17653176.99
Profit (or loss) for the year -5700279.13

Ratios

Return on Assets /ROA/ -0.07
Return on Equity /ROE/ -0.07
Return on Total Assets /ROTA/ 0.14

Audits

Audited ФИСКАЛ АУДИТ

Balance sheet

Current assets 38259856.29
Noncurrent assets 52547129
Total assets 90806985.29
Total liabilities 120768.46
Total owner`s equity 90686216.83

Income statement

Sales revenue 11520922.08
Cost of sales 0
Gross profit 11520922.08
Total expenses 11730101.9
Profit (or loss) for the year -704179.82

Ratios

Return on Assets /ROA/ -0.01
Return on Equity /ROE/ -0.01
Return on Total Assets /ROTA/ 0.13

Audits

Audited Мишээл-Од

Balance sheet

Current assets 37978732.36
Noncurrent assets 53474446
Total assets 91453178.36
Total liabilities 433684.27
Total owner`s equity 91019494.09

Income statement

Sales revenue 5748847.39
Cost of sales 0
Gross profit 5748847.39
Total expenses 5616250.4
Profit (or loss) for the year 132596.99

Ratios

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

Audits

Audited 0

Balance sheet

Current assets 36178603.07
Noncurrent assets 750000
Total assets 55329080
Total liabilities 412526.27
Total owner`s equity 91095156.8

Income statement

Sales revenue 24364909.44
Cost of sales 217600
Gross profit 24147309.44
Total expenses 22187209.24
Profit (or loss) for the year 1960100.2

Ratios

Return on Assets /ROA/ 0.04
Return on Equity /ROE/ 0.02
Return on Total Assets /ROTA/ 0.44

Audits

Audited 1

Balance sheet

Current assets 32839993.85
Noncurrent assets 55822714
Total assets 88662707.85
Total liabilities 386589.04
Total owner`s equity 88276118.81

Income statement

Sales revenue
Cost of sales 217600
Gross profit 18855556.4
Total expenses 14578053.97
Profit (or loss) for the year 3603912.19

Ratios

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

Audits

Audited 0

Balance sheet

Current assets 31720000
Noncurrent assets 57526200
Total assets 89246300
Total liabilities 334200
Total owner`s equity 88912100

Income statement

Sales revenue 31881300
Cost of sales 0
Gross profit 31881300
Total expenses 28387900
Profit (or loss) for the year 3052100

Ratios

Return on Assets /ROA/ 0.03
Return on Equity /ROE/ 0.03
Return on Total Assets /ROTA/ 0.36

Audits

Audited 0

Individual shareholders

№	Lastname Firstname	Position	Share
1	Сүндий.Жавзандулам	Хувьцаа эзэмшигч	7%

Corporate shareholders

№	Company name	Share

Board members

№	Lastname Firstname	Position

№	Lastname Firstname	Position
1	Очир Дандар	Гүйцэтгэх захирал
2	Цэндаюуш Бямбаахүү	Дэд захирал
3	Хишигжаргал Онон	ҮЦГ-Дэд захирал
4	Мөнхбаясгалан Мөнх-Уянга	Дотоод хяналтын ажилтан
5	Гантулга Ананда	Хөрөнгө оруулалтын мэргэжилтэн
6	Отгонсайхан Батзаяа	Хөрөнгө оруулалтын мэргэжилтэн
7	Жавхланцогт Энхмэнд	Хөрөнгө оруулалтын мэргэжилтэн
8	Энхбат Сийлэгмаа	Хөрөнгө оруулалтын мэргэжилтэн
9	Насантогтох Энхзаяа	Дилер

Announcements and notices

№	Headline	Date of release
1	“ZERGED UTSK” LLC CHANGES THE NAME TO “NETSEC UTSK” LLC	2023-11-30 15:01:31

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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

"Netcapital UTsK" LLC

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