- 2016





90
. 2016

857 129
42
97
, 9.7

.

53
.

(.)

(.)

97,045

42,964

2016Q2

97,045

2016Q2

42,964

2015Q2

101,757

2015Q2

44,406

(.)

(.)

9,757

53,108

2016Q2

9,757

2015Q2

5,852

2016Q2
2015Q2

(SKU)

129

857

2016Q2
2015

129
116

2016Q2
2015

53,108
51,427

857
883

2016Q2
2015
2014

26%
19%
18%

2016Q2
2015
2014

2016Q2
2015
2014

50%
52%
59%

62%
55%
51%

2016Q2
2015
2014

4%
6%
7%

1. :

3. :

,
,

, ,

, ,

2. :

9 , 3
.

,
,

.

,
,
,

6
.




8%-, 3%-
.
2%-

.

20%, 8%-

.
9%,
3%-

.

50% .

www.mse.mn

2015Q2
2015Q4
2016Q2

98,820

88,985

90,546

-8%

2%

226,407

218,677

209,044

-8%

-4%

325,227

307,662

299,590

-8%

-3%

187,274

161,545

148,908

-20%

-8%

137,953

146,117

150,682

9%

3%

325,227

307,662

299,590

-8%

-3%

30%

29%

30%

70%

71%

70%

58%

53%

50%

42%

47%

50%

2015Q2

2015Q4

2016Q2

5%-

29%-


12%- .
,

2015Q2
2015Q4
2016Q2

101,757
72,464
29,293
(14,831)
14,461

110,050
78,552
31,498
(21,796)
9,702

97,045
69,076
27,970
(16,382)
11,588

(7,335)
7,126
1,275
5,852

(10,980)
(1,277)
(1,277)

1,091
12,679
2,922
9,757

EBITDA



EBITDA

27,607
29%
14%
6%
27%

22,555
29%
9%
-1%
20%

23,881
29%
12%
10%
25%

-5%
-5%
-5%
10%
-20%

-12%
-12%
-11%
-25%
19%



2016

2-

7.9
15.6
.

1/1/2016

12/31/2016

25,911

22,202

34,182

29,909

60,093

52,111

119,944

102,269

2016 04 22 -

1 ()
10 ()

78.89
.

2016 1-
240 859
,
4-,
1- .

330
22%-
.

2016

2016
1:10
2016
%
2016 6-8-
%

3,970
397
444*
12%
433
9%

2015Q4

.
.

2016Q1

%
266
1%
11
953
2%
4

%
240
1%
1
859
17%
3

.

%

2014

2015

279
1,443
19%

278
1,262
22%

2016Q2

330
1,297
22%



2005-2015
27.2
.





.

Dividend yield
per share

2005

742,877

2006

742,877

60

45

2007

742,877

538

400

2.80%

2008

74,287,700

10

743

2.30%

2009

74,167,019

20

1,483

3.20%

2010

74,167,019

40

2,967

2.00%

2011

74,167,019

60

4,450

1.40%

2012

74,167,019

70

5,192

1.80%

2013

74,167,019

90

6,675

2.20%

2014

74,167,019

2015

74,167,019

70

5,192

1.80%

AB inBev (BUD)
SABMiller (SBMRY)
HEINEKEN (HEINY)
Average

130

/./
97

Average Dividend Yield

/Past 5 years/ %
2.52%
2.00%
1.39%
1.97%
: Ycharts.com