‘BDSec’ JSC, established in 1991, added 1,636 new clients in the first half of 2018. As a result, the company has a total of 200,000 clients. As of April 5, German investor and D.Dayanbilguun, the CEO of the company, holds 23.78 percent and 19.26 percent of total shares respectively.

In the first half of 2018, ‘BDSec’ JSC’s operational income has reached MNT 4.3 billion due to a rise in underwriting service income that accounted for MNT 3.9 billion. Operating costs of the company increased by MNT 1.9 billion y-o-y to MNT 2.6 billion.Therefore, net profit of the company has reached MNT 2.7 billion in the first half of 2018, which is 86.6 percent or MNT 1.3 billion higher than in the same period of the previous year.

Total assets of ‘BDSec’JSC reached MNT 20.5 billion due to a rise in financial assets. Short-term debt and shareholder’s equity of the company are accounted for MNT 2.1 billion and MNT 18.4 billion respectively

.As of first half of 2018, ‘BDSec’ JSC executed a total trade of MNT 20.8 billion. Currently, the company signed two consulting agreements and two underwriting agreements. The company worked as an underwriter of ‘Erdene Resource Development Corporation’ company, the first dual-listed company on the Mongolian Stock Exchange, and helped to attract MNT 2.56 billion.

Also, the company signed 5 consulting agreements on provision of services such as training, organizing shareholder’s meetings and restructuring the company.

Source: TDB Capital SC