HS Holdings Co., Ltd.
Announcement Regarding Hahn Bank’s Financial Results for the Fiscal Year Ending December 2025
Hahn Bank posted net income attributable to owners of parent of 694,847 million Tugrug for the fiscal year ending December 2025, an 8.8% year-over-year increase. Total assets rose 17.9% to 23,942,309 million Tugrug.
Key Figures
- Net income attributable to owners of parent: 694,847 million Tugrug (8.8% increase year-over-year)
- Total assets: 23,942,309 million Tugrug (17.9% increase from previous fiscal year-end)
- Loan balance: 13,534,112 million Tugrug (20.9% increase from previous fiscal year-end)
AI要約
Overview of Hahn Bank’s Financial Results for Fiscal Year Ending December 2025
Hahn Bank’s standalone results for the fiscal year ending December 2025 (January 1 to December 31, 2025) showed growth in both corporate and retail loans due to favorable economic conditions in Mongolia. Interest income increased 15.0% driven by rising lending rates. Conversely, interest expense rose 20.3% associated with higher deposit balances and increased deposit rates. As a result, net income attributable to owners of parent reached 694,847 million Tugrug, representing an 8.8% increase year-over-year. Total assets increased 17.9% to 23,942,309 million Tugrug, with loan balances also improving 20.9%.
Impact on Investors and Outlook
Hahn Bank is an equity-method affiliated company of HS Holdings, and its financial performance is reflected as equity-method investment income in the consolidated income statement. While there is exchange rate risk related to the Mongolian Tugrug, continuous growth in loan balances and interest income is expected to sustain a revenue and profit growth trend. The figures disclosed are preliminary and subject to adjustments when consolidated financial statements are prepared.
