The Mongolian Coking Coal Company (0975.HK) predicted good results last year, blaming it on falling prices for coking coal products, increased financing costs, and inventory provisions.

J.P. Morgan believes that Monzio's performance is in line with expectations. It is estimated that last year's loss amount was 9 million US dollars; its stock price has rebounded 30% since its low in September last year, so it downgraded the rating to neutral, with a target price of HK$45. Looking ahead to this year, as the coking coal market improves, its price is also leveraged, predicting that Monzio can turn a profit of 64.7 million US dollars for the whole year.