Ulaanbaatar
SUU JSC presents its 2017 semi-annual operational and financial report to public
Economy
Ulaanbaatar /MONTSAME/ "Suu" JSC, a Tier 1 listed company, presented its semi-annual financial and operational report to the public at MSE on August 24.
On June 29th, 2017, "Suu" JSC raised MNT 6 billion successfully on the Mongolian Stock Exchange through its Mongolia's largest-to-date corporate Bond named "Suu Bond".
As of the end of the reporting period, the company has achieved the following results:
A new product named Biofit yogurt has been introduced;
Production level has increased by 19.4% reaching 13,500 tonnes compared to the same period of the previous year;
The number of customer complaints has been reduced by 53.9% as a result of increase in distribution vehicles and improvement of the service delivery; and Sales revenue has grown by 10.2% reaching MNT 24.0 billion and net profit has increased by 43% to MNT2.3 billion.
"Suu" JSC informed that the Company will aim at introducing more technologic advancements to its manufacturing process and carrying out innovative and eco-friendly operations and will provide quarterly updates on operational and financial performances to public.
On June 29th, 2017, "Suu" JSC raised MNT 6 billion successfully on the Mongolian Stock Exchange through its Mongolia's largest-to-date corporate Bond named "Suu Bond".
As of the end of the reporting period, the company has achieved the following results:
A new product named Biofit yogurt has been introduced;
Production level has increased by 19.4% reaching 13,500 tonnes compared to the same period of the previous year;
The number of customer complaints has been reduced by 53.9% as a result of increase in distribution vehicles and improvement of the service delivery; and Sales revenue has grown by 10.2% reaching MNT 24.0 billion and net profit has increased by 43% to MNT2.3 billion.
"Suu" JSC informed that the Company will aim at introducing more technologic advancements to its manufacturing process and carrying out innovative and eco-friendly operations and will provide quarterly updates on operational and financial performances to public.
