"LendMN NFBI" (LEND) JSC, registered in classification I of the Mongolian Stock Exchange, presented its operational and financial results for the first half of 2022.
During the reporting period:
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"LendMN NFBI" JSC issued 598,000 loans worth MNT 127.5 billion to its customers through the LendMN application, and compared to the same period last year, the number of loans granted increased by 58.5 percent.
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The total assets of the company are MNT 46.4 billion, and the net loan portfolio is 41.4 billion MNT.
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The total loan portfolio increased to MNT 44.5 billion, which is a 56.7 percent increase from the first half of last year. Also, the share of non-performing loans in the total loan portfolio decreased by 1.06 percent from the same period in 2021 and reached 5.98 percent.
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The company's total revenue increased by 21 percent to MNT 8.1 billion from the same period last year, while net profit decreased by MNT 0.1 billion to MNT 1.7 billion.
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The number of contract customers of the company increased by 7.6 percent from the same period last year and reached 191 thousand.
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And Systems LLC owns 75% of the total shares of LendMN NFBI, and the public owns 17.4%. But 7.6 percent are pocket stocks.
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In the first half of 2022, 4.59 million shares were traded, and the share price closed at MNT 34.99.
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From the company's net profit in 2021, MNT 1.1 billion was calculated at MNT 1.5 per share, and dividends were distributed to shareholders.
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Please click here to view the presentation of the first half-year report of "LendMN NFBI" JSC.
MONGOLIA STOCK EXCHANGE