MONGOLIA ENERGY (00276) announces annual results, with a net profit attributable to shareholders of HK$472 million, turning from a loss to a profit compared to the previous year.
Mongolia Energy (00276) announced its annual results for the year ending March 31, 2026. The group reported revenue of HK$2.017 billion, a decrease of 29.49% compared to the previous year. The company's net profit attributable to owners was HK$472 million, compared to a loss of HK$1.377 billion in the same period last year. Earnings per share were HK$2.51.
MONGOLIA ENERGY (00276) announced its financial results for the year ending March 31, 2026. The group's revenue was 2.017 billion Hong Kong dollars, a decrease of 29.49% compared to the previous year. The company's net profit attributable to owners was 472 million Hong Kong dollars, compared to a loss of 1.377 billion Hong Kong dollars in the same period last year. Earnings per share were 2.51 Hong Kong dollars.
Facing a challenging market environment, the group was adversely affected by a decrease in average selling prices and a decrease in sales volume.
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