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ICFG Limited announced on 22 July 2025 the publication of the Semi-Annual Operational Report for its 80.49% owned Mongolian subsidiary, Invescore NBFI JSC, for the six-month period ended 30 June 2025. The unaudited results for Invescore NBFI JSC include a profit before tax of MNT 57.6 billion (US$16.1 million), profit after tax of MNT 42.0 billion (US$11.7 million), net interest income of MNT 92.4 billion (US$25.8 million), net assets of MNT 283.3 billion (US$79.2 million), and a total loan portfolio of MNT 843.8 billion (US$235.3 million).
| Date | 22 Jul 2025 |
| Time | 07:00:09 |
| Category | Corporate updates |
| ID | 0258S |
22 July 2025
ICFG LIMITED
("ICFG" or the "Company")
Invescore NBFI JSC Semi-Annual Operational Report
ICFG announces the publication today of the Semi-Annual Operational Report of its Mongolian subsidiary, Invescore NBFI JSC, quoted on the Mongolian Stock Exchange, for the six-month period ended 30 June 2025.
The unaudited results presented cover the financial performance of Invescore NBFI JSC, an 80.49% owned subsidiary of ICFG Limited, for the period immediately prior to and post the completion of the reverse takeover by ICFG Limited (formally known as Fintech Asia Limited), which completed on 12 February 2025. These figures are disclosed to provide insight into the underlying business operations of ICFG Limited.
Financial Highlights
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Profit before tax of MNT 57.6 billion (approximately US$16.1 million)
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Profit after tax of MNT 42.0 billion (approximately US$11.7 million)
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Net interest income of MNT 92.4 billion (approximately US$25.8 million)
Net assets of MNT 283.3 billion (approximately US$79.2 million)
Total loan portfolio MNT 843.8 billion (approximately US$235.3 million) |
Click on the following link, or paste it into your web browser, to view the Invescore NBFI JSC Semi-Annual Operational Report PDF document: https://www.mse.mn/issuers/activityreport/553_20250722033159report.pdf
It should be noted that the first set of results relating to ICFG post acquisition will be its unaudited interm results for the 6-month period ending 30 June 2025, which are expected to be released prior to 30 September 2025.
Note: MNT figures have been translated at a rate of 3586.06 MNT/US$, being the rate on 20 July 2025
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For further information please contact:
ICFG Limited |
Via IFC |
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Oliver Fox, CEO
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Strand Hanson Limited (Financial Adviser) Rory Murphy / Abigail Wennington / David Asquith
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+44 (0) 207 409 3494 |
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Novum Securities (Broker) Jon Bellis / Colin Rowbury
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+44 (0) 207 399 9400 |
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IFC Advisory Limited (Financial PR and IR) |
+44 (0) 203 934 6630 |
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Tim Metcalfe Zach Cohen |
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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
LEI: 213800C7BC4EZQAEBT76