Mongolia Growth Group Ltd, 1M8:FRA profile

Price (EUR)0.978
Today's Change-0.002 / -0.20%
Shares traded-1.00
1 Year change--
Beta--

Data delayed at least 15 minutes, as of May 17 2024 07:36 BST.

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About the company

Mongolia Growth Group Ltd. is a Canada-based institutional property management platform company. The Company provides a full suite of services including acquisitions, property management, leasing, renovations, and development. Its segments include Investment Property Operations, Corporate, and Subscription Products. Investment Property Operations consist of commercial and residential investment property in Mongolia held for the purposes of rental revenue, capital appreciation or redevelopment. These properties are managed by Big Sky Capital LLC and its subsidiaries. Its services include brokerage-sales and leasing, tenant representation, facilities management, asset management, and real estate consulting. Its subsidiaries include Mongolia (Barbados) Corp., Lemontree PR LLC, MGG US Inc., MGG Properties LLC, Big Sky Capital LLC, Carrollton LLC, Biggie Industries LLC, Zulu LLC, Crescent City LLC, and Oceanus LLC.

Revenue in CAD (TTM)3.32m
Net income in CAD4.81m
Incorporated2011
Employees--

Location
Mongolia Growth Group Ltd570 Poleline RdTORONTO M5X 1C9,CanadaCAN
Phone+1 (807) 346-8688
Fax+1 (877) 644-1186
Websitehttps://www.mongoliagrowthgroup.com/

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Income statement (CAD)

Year on year Mongolia Growth Group Ltd had net income fall from a gain of 7.94m to a loss of 13.18m despite a 4.51% increase in revenues from 3.17m to 3.32m. An increase in the selling, general and administrative costs as a percentage of sales from 58.47% to 66.35% was a component in the falling net income despite rising revenues.

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