Mongolian Mining Corporation (MOGLF.PK) Thursday reported net loss of about $23.3 million for the first half, compared with net profit of $133 million for the corresponding period last year, primarily due to lower revenue, average selling prices, as well as one-time charges of $25 million related to debt refinancing.
Revenue for the period decreased 35.9% to $346.6 million from $541.1 million in the previous year.
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