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Earnings8699HS Holdings Co.,Ltd.Trading & Wholesale

Notice Regarding Khan Bank's Second-Quarter Results for the Fiscal Year Ending December 2026

Khan Bank, an equity-method affiliate, announced its individual results for the second quarter of the fiscal year ending December 2026. While interest and investment income increased, profit before tax decreased due mainly to higher funding costs, and net income rose only slightly.

Worth reading
77Important
Scored from 1 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1
Year on year (%)
Wording
Definitive
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026Non-consolidated (standalone)
Financial position at period-end
Total assets28,082,662Million tugriks
of which net assets 2,776,383 Million tugriks

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Factors Behind Changes in Business Performance

The strong Mongolian economy drove increases in corporate and retail lending, resulting in higher interest and investment income. Meanwhile, funding costs increased as deposits grew and deposit interest rates rose, while gains on the valuation of derivatives decreased.

Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 January 2026–30 June 2026
Total assets28,082,662 Million tugriks
Net assets2,776,383 Million tugriks
Factors Behind Changes in Business PerformanceThe strong Mongolian economy drove increases in corporate and retail lending, resulting in higher interest and investment income. Meanwhile, funding costs increased as deposits grew and deposit interest rates rose, while gains on the valuation of derivatives decreased.
Items this document does not state (32)
Accounting standardsNet SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodFull-year earnings forecastRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortizationImpairment lossBreakdown of extraordinary income (loss)Disclosure regarding the going concern assumptionChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The strong Mongolian economy drove increases in corporate and retail lending, resulting in higher interest and investment income. Meanwhile, funding costs increased as deposits grew and deposit interest rates rose, while gains on the valuation of derivatives decreased.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Khan Bank's Second-Quarter Results for the Fiscal Year Ending December 2026 | HS Holdings Co.,Ltd. (8699) timely disclosure | Komori