Mongolian Mining Corporation (Stock Code: 975) Announces Profit Warning for 2025

Bulletin Express
Feb 16

Mongolian Mining Corporation (Stock Code: 975) expects a consolidated net profit ranging between USD5.00 million and USD15.00 million for the year ended 31 December 2025, as compared to a net profit of USD243.60 million for the previous year. The announcement attributes this decline to lower washed coking coal sales prices during 2025 and a one-off loss related to the early redemption of Senior Notes due 2026 at a redemption price of 109.27%.

The announcement states that although profitability is affected, the organization maintains a strong cash position and is well positioned to continue pursuing its strategic objectives and operational targets. The financial results for the year ended 31 December 2025 are not yet audited and may be subject to adjustments. Final figures will be disclosed in March 2026. Shareholders and potential investors are advised to exercise caution when trading the company's shares.

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