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Teso Investment Joint Stock Company (Mongolia)

Main Activities: Coal Mining
Full name: Teso Investment Joint Stock Company Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Teso Investment Joint Stock Company, located in Ulaanbaatar, is a coal mining company operating in the Tsagaan-Ovoo territory of Tsogttsetsii town in the Southgobi province. The company's coal deposit is situated at an altitude of 1500m to 1830m above sea level and is characterized by a harsh environment with limited precipitation and reduced wind in the fall and winter. Geological studies have revealed that the coal deposit consists of 16 layers, with layers 0, III, IVabc, and IXabcd being the most important. Tavantolgoi's coking coal is ranked among the top ten in the world in terms of resource amount and is of higher quality than coal sold on the Canadian and Australian markets. The company's deposit is estimated to be 6.5 billion tons, with the fourth layer being the most favorable for operations and expected to last for over a hundred years. Tavantolgoi has been supplying coal to the Southgobi, Middlegobi, and Eastgobi provinces since 1966.

Headquarters
Central Tower, 9 Floor Door 903, Great Chinggis Khaan'S Square-2, Khoroo 8, Sukhbaatar District
Ulaanbaatar; Ulaanbaatar;

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Website: http://www.tavantolgoi.mn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
January 19, 1995
Key Executives
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Chairman
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Chief Executive Officer
Ownership Details
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51%
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49%
Company Performance
Financial values in the chart are available after Teso Investment Joint Stock Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MNT. Absolute financial data is included in the purchased report.
Net sales revenue
1336.86%
Total operating revenue
1331.29%
Operating profit (EBIT)
1526.78%
Net Profit (Loss) for the Period
1615.3%
Total assets
82.69%
Total equity
86.72%
Operating Profit Margin (ROS)
5.65%
Net Profit Margin
6.68%
Return on Equity (ROE)
38.33%
Quick Ratio
0.25%
Cash Ratio
0.01%

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