‘Tavan Tolgoi’ JSC listed in the Board I on the Mongolian Stock Exchange decided to distribute 90 percent of its net profit or approximately MNT 127 billion as dividends. As a result, dividend per share is accounted for MNT 2,410. In 2017, the company sold 4 million tons of coal, doubling the planned amount. Sales income of the company rose 2.4 times to MNT 428 billion. In addition, ‘Tavan Tolgoi’ JSC paid a total of MNT 184.3 billion tax to the budget. This year, share price of the company has reached the highest level of MNT 13 thousand, unseen for the last 7 years.

As of April 27, share price was accounted for MNT 10,070 and market capitalization reached MNT 530 billion.

Source: BloombergTv.mn