On August 14, 2024, "Suu" JSC, registered in the 1st category of "Mongolian Stock Exchange" JSC, presented its activity report and financial results for the first half of 2024.

During the reporting period:

• Total sales increased by 31% in amount and by volume by 24%.

• Net profit increased by 37% and reached 12.2 billion MNT. Also, the return on total assets is 18.5%, and the return on equity is 41.7%.

• "Suu" JSC has supplied sixty-four bred heifers from France for milk preparation suppliers, aiming for regularization. 

• During this year's winter, which was harsh for the herders, Suu JSC successfully organized and distributed 1500 tons of bran feed to milk suppliers, herders and farmers.

• Within the scope of cooperation, the "Exclusive rights agreement" for three types of probiotics with the Italian "Sacco Systems LLC" was successfully introduced to the market with new kinds of probiotic yogurt: HiFit, Profit, and Gofit.

• Also, "Suu" JSC successfully paid the loan of 26 billion MNT obtained with the joint financing of Xac Bank and EBRD.

Please click here for a detailed report.

Please click here to watch the live stream.

MONGOLIAN STOCK EXCHANGE