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ICFG Limited announced on 8 September 2025 that its subsidiary, SIBJ Capital LLC (SIBJ Group), published the SIBJ Group Annual Report for the financial year ended 31 December 2024. For this period, SIBJ Group reported a profit before tax of MNT 110.74 billion (US$32.37 million), profit after tax of MNT 85.46 billion (US$24.99 million), and total assets of MNT 955.63 billion (US$279.39 million), with loans and advances to customers CAGR (2022-2024) at 64% and net profit CAGR (2022-24) at 81%.
| Date | 8 Sept 2025 |
| Time | 07:00:02 |
| Category | Results |
| ID | 2546Y |
8 September 2025
ICFG Limited
("ICFG" or the "Company")
SIBJ Group Annual Report 2024
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
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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$215 million) Loans and advances to customers CAGR (2022-2024) of 64% Net profit CAGR (2022-24) of 81% |
The full audited report is available at the following link:
http://www.rns-pdf.londonstockexchange.com/rns/2546Y_1-2025-9-5.pdf
Note: MNT figures have been translated at a rate of 3420.46 MNT/US$, being the rate on 31 December 2024 of Central Bank of Mongolia
For further information, please contact:
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ICFG Limited Via IFC Enkhmaral Batkhuyag, Interim CEO
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Strand Hanson Limited (Financial Adviser) Rory Murphy / Abigail Wennington / David Asquith +44 (0) 207 409 3494
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Novum Securities (Broker) Jon Bellis / Colin Rowbury +44 (0) 207 399 9400
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IFC Advisory Limited (Financial PR and IR) Tim Metcalfe / Zach Cohen +44 (0) 203 934 6630 |