"MGL Aqua" JSC has released its financial and operational results for the first half 2024 and shared them with the public.
The key highlights of this reporting period:
-
The company were issued 87,555,616 shares on MSE on June, 2024, raised 15.2 billion tugrugs and became open public company. We renovates parking as 2 auto mobile with 20 tn capacity for supporting rural sales in purpose of expand market and delivers own product to contracted seller in 5 areas.
-
Main principle of our business is quality and then we regularly enhancing our level as introduce standards in our manufacturing such as Mongolian bottle water MNS 5007:2022, drinking water MNS 0900:2018 quality standard, international FSSC 22000 food safety management system and ISO9001 quality management system standards. The company made each accredited audit for ISO certificate and we ranks from 5th level to 6th level as fully provide food safety and approved in international level.
-
We decreases that weight of finger bottle for 0.2 l, 0.33 l and 0.5 l in the range of policy for ESG and we prevented to waste that 16.425 kg plastic in the nature according to the quarterly year.
-
The company supplied that waste plastic with 6695 kg in reprocessing industry of “TML PLASTIC” plastic
Quarterly manufacturing on 2024:
“MGL AQUA” JSC manufactured bottle water with 12.9 million pcs as 17.8 million liter water according to the quarterly year on 2024.
Financial benefit of quarterly year on 2024:
“MGL AQUA” JSC obtains that sales income with totally 11 billion tugrugs in quarterly year on 2024 and net profit is 1.1 billion tugrugs.
In reporting term, tax and duties with 1.5 billion tugrugs paid on time in state budget as well as contributed in completion of state budget.
Change in balance structure:
-
Receivable improved up to 21% as comparison than past year through enhancement of reserve completion and support clients.
-
Amount of current asset in the company increased up to 20%
-
Ratio of company current is 5.98
-
Ratio of payment abilities is 2.43
-
Payment abilities of cash is 1.85
-
ROA is 2.71%
-
ROE is 3.02%
Income result statement
-
Sales income of “MGL AQUA” JSC increased up to 13% as comparison than past year according to the 2nd season on 2024.
-
Operational expense improved up to 41% than past year. Herein: There is professional work and service with once in accordance with share company and employee’s salary increased up to 20% on February of this year or reporting term.
-
For net profit and result of the company, net profit declined up to 2% than past year as comparison. Operational expenses influences to it.
-
In latest quarterly year, the company reaches to sales planning and then will be reach to profit level of objective as expense savings and saves for sales improvement.
MONGOLIAN STOCK EXCHANGE