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Mongolian Mining First Half 2024 Earnings: EPS: US$0.12 (vs US$0.13 in 1H 2023)
Mongolian Mining (HKG:975) First Half 2024 Results
Key Financial Results
- Revenue: US$541.1m (up 4.7% from 1H 2023).
- Net income: US$125.9m (down 7.9% from 1H 2023).
- Profit margin: 23% (down from 26% in 1H 2023). The decrease in margin was driven by higher expenses.
- EPS: US$0.12 (down from US$0.13 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Mongolian Mining shares are up 5.0% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Mongolian Mining's balance sheet health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SEHK:975
Mongolian Mining
Engages in the mining, processing, transportation, and sale of coking coal products in China.
Flawless balance sheet and fair value.