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We Wouldn't Rely On Mongolia Energy's (HKG:276) Statutory Earnings As A Guide


We Wouldn t Rely On Mongolia Energy s (HKG:276) Statutory Earnings As A Guide
By
December 30, 2020
It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That said, the current statutory profit is not always a good guide to a company s underlying profitability. In this article, we ll look at how useful this year s statutory profit is, when analysing
Mongolia Energy (HKG:276).
It s good to see that over the last twelve months Mongolia Energy made a profit of HK$921.3m on revenue of HK$593.7m. The chart below shows that revenue has improved over the last three years, and, even better, the company has moved from unprofitable to profitable. ....

Mongolia Energy , Our Take On Mongolia Energy Profit Performance , Cashflow Against Mongolia Energy Earnings , மங்கோலியா ஆற்றல் , அவர் எடுத்துக்கொள்ளுங்கள் ஆன் மங்கோலியா ஆற்றல் ப்ராஃபிட் செயல்திறன் ,