Vestel White Goods announced total revenues of US$899mn (Euro 702mn) and net loss of US$1.7mn (Euro 1.4mn) in 9mth-12.
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Vestel White Goods announced total revenues of US$588mn (Euro 453mn) and net income of US$10.9mn (Euro 8.4mn) in 1H12.
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Despite the Company’s dividend distribution policy of a minimum rate of 25% (of the distributable net income in cash or through bonus shares), the Board of Directors of Vestel White Goods decided to propose no dividend payment (from 2011 earnings) to the General Assembly and to set net distributable profit of 19,181,276 TL entirely as reserves, due to potential rise in working capital needs parallel to the negative market conditions in Europe, the Company’s major export market.
Vestel White Goods announced total revenues of US$254mn (Euro 194mn) and net income of US$11mn (Euro 8.4mn) in 1Q12.
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Vestel White Goods announced total revenues of US$1.2bn (Euro 850mn) and net income of US$12.1mn (Euro 8.7mn) in FY2011.
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Vestel White Goods announced total revenues of US$571mn (Euro 407mn) and net income of US$11.4mn (Euro 8.2mn) in 1H11.
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Vestel White Goods announced total revenues of US$230mn (Euro 168mn) and net income of US$5.5mn (Euro 4.0mn) in 1Q11.
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The ordinary general meeting of Vestel White Goods will be held at 11:00 on 26 May 2011 at the address of Zorlu Plaza 34380 Avcılar - İstanbul.
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The Board of Directors of Vestel White Goods will propose to the General Assembly the distribution of TL22,403,545mn, 89.26% of its 2010 distributable profit (after statutory reserves are being set), as cash dividend to the Company's shareholders. Accordingly, this amount corresponds to TL0.1179 gross dividend per share with a nominal value of 1TL (TL0.1002 net dividend per share) and a dividend yield of 3.9% at current market value.
Dividend distribution will start on 30/05/2011.