1 MONGOLIA MOVES TO NEXT STAGE OF COPPER SMELTER SELECTION PROCESS WWW.MONTSAME.MN PUBLISHED:2026/02/26      2 INVESTMENT OPPORTUNITY IN MONGOLIAN MINING INTRODUCED IN LONDON WWW.MONTSAME.MN PUBLISHED:2026/02/26      3 MONGOLIA SEEKS LONDON STOCK EXCHANGE LISTINGS FOR MINING COMPANIES WWW.MONTSAME.MN PUBLISHED:2026/02/26      4 TMK ENERGY SETS NEW GAS OUTPUT RECORD AT MONGOLIAN CSG PILOT WWW.TIPRANKS.COM PUBLISHED:2026/02/26      5 WILL MONGOLIA BAN SOCIAL NETWORKS FOR CHILDREN, AS AUSTRALIA AND FRANCE HAVE DONE? WWW.OPEN.KG PUBLISHED:2026/02/26      6 FOREIGN TRADE TURNOVER REACHES USD 2.6 BILLION WWW.MONTSAME.MN PUBLISHED:2026/02/25      7 MONGOLIA REVOKES PERMITS OF SIX FOREIGN NGOS WWW.MONTSAME.MN PUBLISHED:2026/02/25      8 MINING DRIVES MONGOLIA’S ECONOMY AS REFORM MOMENTUM BUILDS WWW.EASTASIAFORUM.ORG PUBLISHED:2026/02/25      9 P.NARANBAYAR ANNOUNCES PLAN TO DRAFT LAW TO RESTRICT CHILDREN’S USE OF SOCIAL NETWORKS WWW.GOGO.MN PUBLISHED:2026/02/25      10 “EAGLE FESTIVAL-2026” TO BE HELD ON MARCH 7-8 WWW.GOGO.MN PUBLISHED:2026/02/24      ГАДААДЫН 95 ИРГЭНИЙГ УЛСЫН ХИЛЭЭР ОРУУЛАЛГҮЙ БУЦААЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/26     ЗЭСИЙН БАЯЖМАЛ ХАЙЛУУЛАХ, БОЛОВСРУУЛАХ ҮЙЛДВЭРИЙН ХӨРӨНГӨ ОРУУЛАГЧИЙГ ИРЭХ ТАВДУГААР САРД ТОДРУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/26     УЛААНБААТАР-ЛҮНГИЙН ЗАМЫГ ЗУРГААН ЭГНЭЭ БОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2026/02/26     ЖАЙКА БОЛОН МТҮП МЭДЭЭЛЭЛ ТЕХНОЛОГИЙН САЛБАРЫГ ХӨГЖҮҮЛЭХ ТӨСЛИЙГ ХЭРЭГЖҮҮЛЖ ЭХЭЛЛЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/26     ЕРӨНХИЙ САЙДЫН АХЛАХ ЗӨВЛӨХ БӨГӨӨД АЖЛЫН АЛБАНЫ ДАРГААР Ж.САНДАГСҮРЭНГ ТОМИЛЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/26     БАРАА БҮТЭЭГДЭХҮҮНИЙ ҮНЭ САРЫН ХУГАЦААНД 2.7 ХУВИАР ӨСЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/26     НИЙСЛЭЛ ЗАРДЛАА ТЭЛЖ, ТРАМВАЙН ТӨСӨЛД 350 ТЭРБУМЫГ ЗАРЦУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/25     САНГИЙТ КАУР ДЕО: МАЛАЙЗЫН ТӨР БУРУУТАЙ ГЭДГИЙГ ШИЙДҮҮЛЭХ ЭЦСИЙН БОЛОМЖ УЧРААС МОНГОЛЫН ТӨР ХАМТРАН АЖИЛЛАХЫГ ХҮСЭЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/25     НИЙСЛЭЛИЙН ТӨСӨВ: COP17 ХУРАЛД 70 ТЭРБУМ ЗАРЦУУЛЖ, 200 ТЭРБУМЫН БОНД БОСГОЖ V ЦАХИЛГААН СТАНЦ БАРИНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/25     ХӨРСНИЙ УС, ҮЕРИЙН ХАМГААЛАЛТЫН ТӨСЛИЙН ТЭЗҮ-ИЙГ БОЛОВСРУУЛАХ АЖИЛ 90 ХУВЬТАЙ ХЭРЭГЖИЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/24    

Category

Events

Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Erdenet Mining Corporation reports net profit at MNT 353 billion in 2020 www.montsame.mn

Ulaanbaatar /MONTSAME/. The cabinet meeting, Minister and Chief of Cabinet Secretariat L.Oyun-Erdene presented about the emergency regime performance and results set on Erdenet Mining Corporation and Mongolrostsvetmet LLC, the state-owned enterprises.
The emergency regime was set at Erdenet Mining Corporation and Mongolrostsvetmet LLC by the government in March 2019, and extended twice in September 2019 and April 2020 by six months respectively to ensure no interruptions in their operations.
At the cabinet meeting, the state-owned companies were praised for its efforts to maintain continues and normal operations throughout the duration of emergency regime, improving the workplace accountability and financial disciplines and increasing their net profits, tax payments and investments.
In 2019, the Erdenet Mining Corporation increased its sales revenue by MNT 119.5 billion, earning net profits of MNT 516.8 billion and contributing MNT 961.8 billion to the state and local budgets.
In the first three quarters of 2020, sales revenue of the Erdenet Mining Corporation was grown by MNT 198 billion, with net profit of MNT 353.3 billion and paid MNT 811.5 billion for taxes.
As for Mongolrostsvetmet LLC, its sales revenue jumped by MNT 56.5 billion and net profits totaled MNT 34.6 billion, paying MNT 33.4 billion in taxes. In the first three quarters of this year, Mongolrostsvetmet’s sales revenue rose by MNT 28.7 billion, net profits reached MNT 24.4 billion, and MNT 30.8 billion was paid for tax payment.


Published Date:2020-10-29

  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook