Suu LLC’s 2016 half-year net profit doubles last year’s performance

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Mongolian Stock Exchange-listed Suu LLC presented its half-year financial and operational report to the public, and highlighted that the company’s net profit reached 1.6 billion MNT, which was a figure up by 102.5 percent compared to the same period in 2015.

The company says it improved its packaging for yogurt and milk, expanded parking, and mitigated per unit production costs, helping to increase productivity and profit.

In addition to upgrading its operations, the company said it focused on its company governance and stock. Suu LLC divided its shares, which analysts say improved the company’s liquidity and market assessment by over 50 percent.

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