Iran Fara Bourse 6th General Assembly Meeting

Iran Fara Bourse 6th General Assembly Meeting

Iran Fara Bourse (IFB) held its 6th General Assembly Meeting of the fiscal year ended March 20, 2015 (year 1393 at solar calendar) on Saturday May 23, 2015.
The meeting chaired by Mr. Rasoul Saadi, Chairman of IFB Board of Directors in the presence of members of the board, CEO of IFB Mr. Amir Hamooni and a representative of the Securities & Exchange Organization (SEO).
The meeting was held with the presence of more than 67% of shareholders. During the GA, Mr. Amir Hamooni presented the IFB activities for the year 2014 in addition to IFB future plans. In the year 1393, IFB has had operating income of IRR 226 billion; operating profit of IRR 142 billion, cost of IRR 84 billion and net profit of IRR 219 billion. Moreover, participants listened to the Auditor’s Report on the IFB financial statements. Subsequently, the financial statements for the year 1393 were endorsed.
What is more, IFB reached to the earning per share (EPS) of IRR 536 which cash dividend of IRR 150 per share (DPS) was approved.