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Nekheesgui Edlel Joint Stock Company (Mongolia)

Main Activities: Textile Mills
Full name: Nekheesgui Edlel Joint Stock Company Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Company s main activity is non-woven textile products.
Under the partnership between Mongolian and Polish governments, the Company was first established in 1989 with the name of Nekheesgui Edlelyn Uildver and was incorporated as Joint Stock Company in 1992 and then completely privatized in 1997. The wool washing line was newly erected and commissioned in 2000. The washed wool, the main required raw material in the manufacturing of its products, completely satisfy the quality requirements and are processed in-house at the factory.
The Company has the capacity to wash 1,500 metric tons of wool annually and manufacture different kinds of wool and woolen products. Its products are water proof, durable and of high quality and are manufactured using modern Austrian and German needle loom technologies and delivered to domestic and foreign markets.
In the future, the Company plans to set up its subsidiaries in the countryside or rural areas inside Mongolia. In the first stage of expansion, the Company began implementing a factory project to wash, dry and package 1300 tons of yak wool. The implementation of this project will provide the opportunity to deliver sheep wool and yak wool to the global market.

Headquarters
3Rd Khoroo, Khan Uul District
Ulaanbaatar; Ulaanbaatar;

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Basic Information
Outstanding Shares:
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Incorporation Date:
1992
Key Executives
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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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Company Performance
Financial values in the chart are available after Nekheesgui Edlel 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
-16.11%
Total operating revenue
-14.26%
Operating profit (EBIT)
-96.04%
Net Profit (Loss) for the Period
-99.07%
Total assets
-5.8%
Total equity
0.07%
Operating Profit Margin (ROS)
-14.9%
Net Profit Margin
-13.75%
Return on Equity (ROE)
-7.45%
Quick Ratio
2.33%
Cash Ratio
0.24%

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