Sales of the And Energy JSC listed on the Mongolian Securities Exchange has increased by 24 percent in the first quarter of this year. The company produced 5.5 thousand led lamps and sold 2.2 thousand of it. The company signed a supply contract with ‘Sharyn Gol’ and ‘Ulaanbaatar Railway’ companies. According to the CEO of ‘And Energy’ company, the company is committed to work with other major Mongolian companies in order to increase its sales. The company also announced that it will open a store in Ulaanbaatar so as to increase its market share. The construction of a new plant will start at the end of this month.

In March of this year, trading worth a total of MNT 39.4 million was made, which is three times higher than in the previous month. The share price reached 50 cents, reaching its highest point since its opening date. The shareholders meeting of the company is on April 21.

Source: BloombergTv.mn