Todoroff: Our Goal Is To Meet The Objectives We Have Stated In Our Prospectus

The general meeting of Todoroff Jsc () was held today and attended by stockholders owning 1,819,500 of the 3.4 mln shares in total.

The annual meeting voted on seven issues on the agenda. Sharehodlers adopted the report on the company's activity over the past year, the financial report for the past year, the audited report issued by the certified public accountant – the Varna-based audit company Active. Stockholders also adopted a decision to set 2006 profit to the Reserves fund and to Undistributed Profit fund.

Shareholders also approved a proposal to cover losses from prior periods using undistributed profit.

The GM also approved exemption from liability for the members of the Board of Directors for their activity in the past year, and elected Varna-based audit company Active to audit this year's results as well.

„We are working on meeting the objectives we set to ourselves in our prospectus,“ said CEO Ivan Todoroff. The company has already achieved most of the its goals, or is currently in the process of achieving them.

The Q3 report will be filed with the BSE soon.

Todoroff posted profit in the amount fo 19,000 leva (9,714 euros) in H1. Revenues grew 77.9% to 1.1 mln leva (562,421 euros), according to the H1 non-consolidated report.

The increase in revenues is attributed mostly to rising revenues from core activity.

Facebook Коментари

Добави коментар

Екипът на Ви благодари, че използвате кирилица за вашите коментари.
В случай, че коментарът Ви съдържа нецензурни квалификации и лични нападки или обиди на расова, сексуална, етническа или верска основа, той ще бъде изтрит от модератора на сайта.

Абонирайте се за електронния
информационен бюлетин на

На фокус

Concepto - подходящата врата за всеки стил на обзавеждане у дома

Дървените интериорни врати Hörmann залагат на висококачествени...