APU

Stock performance

History

APU traces its roots to Mongolia's first vodka distillery, opened in Ulaanbaatar in 1924, making it the country's oldest company. Its name comes from the Mongolian words for vodka, beer, and drinks. It was partially privatized in 1992 and fully privatized in 2001 and has grown into Mongolia's largest beverage group.

Business model

APU produces vodka, beer, soft drinks, and dairy products under dozens of brands, sells them across Mongolia, and exports to markets including China, South Korea, and Russia.

Market position

APU is Mongolia's largest brewer and beverage company and was the first Mongolian company to reach a market value of 1 trillion tugrik on the Mongolian Stock Exchange.

Country impact

APU is one of the most valuable and widely traded companies on the Mongolian Stock Exchange, and its dairy business supports domestic herders and milk producers.