SIBJ Group Annual Report 2024
SIBJ Group subsidiary reports profit before tax of MNT 110.74 billion for year ended 31 December 2024.
- Profit before tax MNT 110.74 billion (approximately US$32.37 million)
- Profit after tax MNT 85.46 billion (approximately US$24.99 million)
- Net interest income MNT 140.96 billion (approximately US$41.21 million)
- Total assets MNT 955.63 billion (approximately US$279.39 million)
- Loans and advances to customers MNT 735.43 billion (approximately US$215 million)
- Net profit CAGR (2022-24) 81%
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ICFG Limited is pleased to announce that its subsidiary, SIBJ Capital LLC (together with it's subsidiaries "SIBJ Group"), has published the SIBJ Group Annual Report for the financial year ended 31 December 2024. SIBJ Capital LLC is the Mongolian holding company for the ICFG Group and is a subsidiary of the Singapore company ICFG PTE Ltd, which is itself a subsidiary of ICFG.
The audited report provides detailed information on SIBJ Group's financial results, operations, and strategic developments for the period.
Financial Highlights
| · · · · · · · | Profit before tax of MNT 110.74 billion (approximately US$32.37 million) Profit after tax of MNT 85.46 billion (approximately US$24.99 million) Net interest income of MNT 140.96 billion (approximately US$41.21 million) Total assets of MNT 955.63 billion (approximately US$279.39 million) Loans and advances to customers of MNT 735.43 billion (approximately US$215 million) Loans and advances to customers CAGR (2022-2024) of 64% Net profit CAGR (2022-24) of 81% |
The full audited report is available at the following link:
Note: MNT figures have been translated at a rate of 3420.46 MNT/US$, being the rate on 31 December 2024 of Central Bank of Mongolia
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