Улаанбаатар
‘MIK Holding’ JSC presents its report for the first half of 2022
Economy
Ulaanbaatar/MONTSAME/. ‘MIK Holding’ JSC, registered in the
first classification of the Mongolian Stock Exchange, presented its financial
and operational report for the first half of 2022.
During the reporting period:
• Total assets decreased by 8.8 percent from the same period
last year due to the payment of the ‘Oelun’ bond, reaching MNT 3,853.6 billion
as of June 30, 2022.
• The market value of the company reached MNT
287.4 billion.
• A total of MNT 82.9 billion was paid to the
bondholders from the reserve fund of the special purpose company due to the
postponement of the principal and interest payments of the housing mortgage
loans implemented by the government until the end of 2022 without interest
accrual.
‘MIK Holding’ JSC has been operating for the 16th year with
the vision and mission of creating a housing financing ecosystem, and in the
past, more than 90,000 households have received long-term mortgage loans.
