

Merex JSC
AI-Sourced
MSE: MRXPublic CompanyOtherOverview
- Legal Name
- Merex JSC
- Company Type
- Public Company
- Listing
- MSE: MRX
- Industry
- Other
- Founded
- 2012
- Market Cap
- MNT 1.8B
- CEO
- M.Undral
- Coverage
- AI-Sourced
About the Company
Merex JSC is a building materials company founded in 2012 and listed on the Mongolian Stock Exchange in January 2014, with headquarters in Ulaanbaatar's Songino Khairkhan district. Led by CEO M. Undral, who holds 12%. The largest shareholder is G. Byambabayar with 42.46%, followed by Standard Investment (27.09%) and Mongolia Capital AG (8.48%) — together 90.03%.
Financial Performance
| Metric | 2024 | 2025 |
|---|---|---|
| Revenue | 1.6B | 42.3M |
| Gross Profit | 1.28B | 21.1M |
All figures in MNT. K = thousand, M = million, B = billion, T = trillion.Source: MSE
Ownership & Structure
Shareholders
GOMBOJAV BYAMBABAYAR42.46%
- STANDARD INVESTMENT27.09%
MUNKH-ERDENE UNDRAL12%
Mongolia Capital AG8.48%
Executive Team
M
CEO
M.Undral
Chief Executive Officer
M
M.Monkhzolboo
CEO