ITools profit tripled in the first half

Economy
Author : E.Altanzul e.altanzul@montsame.gov.mn 2018-08-14 12:28:24
Ulaanbaatar /MONTSAME/ 'I Tools’ JSC, a Tier 2 listed company, presented its semi-annual financial and operational report to the public on August 13th, 2018 at MSE. 
 
In the first half of 2018, sales of ‘I Tools’ JSC increased by 39.4 percent reaching MNT439.3 million and its net profit tripled reaching MNT62.4 million. 
 
During the reporting period, the company involved in the project introducing KHUR system, a information system of state organizations, to private organizations and offered blockchain technology services to some Japanese companies. 
 
According to the company officials, it will complete its modular data center construction using its proceeds raised from public, provide an integrated services of blockchain data center as well as offer services met standards of ISO 9001 and ISO 27001 to public and private entities.
Source: Mongolian Stock Exchange