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Mongolia Energy ( (HK:0276) ) has provided an announcement.
Mongolia Energy Corporation Limited reported a significant financial downturn for the year ending March 31, 2025, with a net loss of HK$1,376,650,000 compared to a profit of HK$1,677,921,000 the previous year. The decline was attributed to various factors, including a decrease in revenue, increased impairment losses, and substantial finance costs, impacting the company’s overall financial health and market positioning.
More about Mongolia Energy
Mongolia Energy Corporation Limited, incorporated in Bermuda, operates in the energy sector, focusing on the extraction and sale of coal. The company is listed on the Hong Kong Stock Exchange and engages in mining operations primarily in Mongolia, catering to the energy demands of the region.
Average Trading Volume: 172,824
Technical Sentiment Signal: Buy
Current Market Cap: HK$120.4M
For a thorough assessment of 0276 stock, go to TipRanks’ Stock Analysis page.