On August 6, 2020, “Mongolian Post” JSC, a Tier 1 listed company, presented its semi-annual financial and operational report to public. Compared to the same period of 2019, the Company has achieved the following results:
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The hand-to- hand delivery service income increased by 69 percent.
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The Company started to carry out constant transportation service between Ulaanbaatar city and 11 provinces located in the north, south and west part of the country.
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It cooperated with 9 universities and successfully delivered over 5000 diplomas to graduates. Also, it exchanged international freights by 25 charter flights.
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The Company carried out transit mail services to Russia, China, Ukraine and Estonia.
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Within the Agreement concluded with the Eurogiro, it is starting to provide international money transfer service with the “Ard Credit NBFI” JSC, through Korean Post.
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The Company’s operating income increased by 5% or MNT 398.2 million reaching MNT 7.3 billion comparing to the same period of the previous year. However, the Company’s operating expenses increased due to the new transit service project cost and increase in rural employees' salary expenses, resulting in the net income of MNT 3 million.
Please click here here for extended information about the company’s recent presentation.
MONGOLIAN STOCK EXCHANGE