“Tumen shuvuut” JSC, a Tier 1 listed company, presented its semi-annual financial and operational report to public on August 4th, 2020 at MSE. Compared to the same period of 2019, the Company has achieved the following results:
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During the reporting period the Company produced 33.5 million eggs which showed an increase of 2 million eggs or 6% growth.
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Sales net revenue reached MNT 11.7 billion and the Company recorded a net income of MNT 2 billion or EPS of MNT 10.1.
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In cooperation with the “Dion Engineering” Ltd, “Tumen shuvuut” JSC opened the liquid egg factory which qualified the Euro standards.
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The newly established poultry farm started to operate with 40’000 chicks in Ikh Bulag in the 21st sub-district, Songino Khairkhan District, Ulaanbaatar.
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The company planted wheat in the 864 hectares, alfalfa in 329 hectares and oats in the 216 hectares of irrigated land located in the Uvs province.
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It opened a 100 percent organic compost fertilizer factory and started to supply the market.
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