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00276 MONGOLIA ENERGY
RTNominal down0.660 -0.010 (-1.493%)
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18/11/2011 17:32

Mongolia Energy (00276) sees turnaround to profit for 1H

Mongolia Energy Corporation (00276) said it
expects the Group to record a profit for the six months ended 30 September 2011 as
compared to a loss for the corresponding period in 2010.
The expected turnaround to profit was mainly attributable to the accounting treatment on
the convertible notes issued by Mongolia Energy.
Its interim results announcement is expected to be released by the end of this month.
(HL)

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