Mongolian Mining Corporation Reports 36% Drop in Revenue to USD 346.6 Million and USD 23.3 Million Net Loss for H1 2025, EPS Turns Negative

Reuters
2025/08/28
Mongolian Mining Corporation Reports 36% Drop in Revenue to USD 346.6 Million and USD 23.3 Million Net Loss for H1 2025, EPS Turns Negative

Mongolian Mining Corporation $(MMC)$ has released its interim results for the six months ended June 30, 2025. The group reported a total revenue of approximately USD 346.6 million, a significant decline compared to USD 541.1 million in the same period of 2024. The decrease is attributed to lower sales in the coal mining segment, with washed hard-coking coal generating USD 236.5 million compared to USD 437.9 million in the previous period. Other coal products, including washed mid-ash semi-hard coking coal and washed semi-soft coking coal, also saw reduced sales. The company posted a net loss of USD 23.3 million for this period, contrasting with a net profit of USD 125.9 million in the first half of 2024. The decline in profitability is primarily due to reduced revenues and non-deductible expenses that are not taxable under Mongolian income tax rules and regulations. The company, which is principally engaged in the mining, processing, transportation, and sale of coal products, did not provide any specific guidance or outlook for future periods in this announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mongolian Mining Corporation published the original content used to generate this news brief on August 28, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10