‘Mandal Daatgal’ JSC, a Tier 1 listed company, presented its semi-annual financial and operational report to public on August 14th, 2019 at MSE. During the reporting period:
- The Company recognized the fee and commission income of MNT 18.2 billion and the market share reached 18%.
- It recorded the net profit of MNT 3.4 billion, which showed the leading performance in the domestic insurance sector and also exceeded its projected net profit of the financial year of 2019.
- The Company also leads the domestic insurance companies by its number of coverages of accident and health insurance and construction insurance.
- The total assets of ‘Mandal Daatgal’ JSC reached MNT 42.6 billion, which indicates the biggest insurance company in Mongolia. The Company has cash investments of MNT 27.3 billion of which MNT 7.7 billion was invested in corporate bonds and equities.
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MONGOLIAN STOCK EXCHANGE