Mongol Mining (00975) issues profit warning, expecting annual net profit for 2025 to be approximately 5 to 15 million U.S. dollars.

08:24 16/02/2026

Mongolian Mining (00975) announces that the group is expected to achieve a comprehensive net profit of approximately $5 million to $15 million for the year ending December 31, 2025.

MONGOL MINING (00975) announced that it is expected to achieve a net profit ranging from approximately 5 million to 15 million US dollars for the financial year ending on December 31, 2025. The decrease in profit is mainly due to the decrease in sales prices of washed coal in 2025, as well as a one-time loss generated by the early redemption at 109.27% of the 2026 maturity preference shares in 2025. Although the financial performance of the Group for the year ending on December 31, 2025 is affected by the above factors, the Board believes that the Group currently has sufficient funds, a stable cash position, and still possesses the ability and conditions to strive for its strategic and operational goals.

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