Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tehran Stock Exchange Holds AGM

Date 22/07/2015

The annual general meeting of Tehran Stock Exchange (TSE) for the fiscal year ended 20 March 2015 was held on 21 July 2015.

During the session, financial statements were approved, complying with the required auditing standards.

The assembly also concurred to pay IRR 100 dividends per share.

In a separate extraordinary general meeting later on the same date, the shareholders agreed upon 22.2 percent capital increase, which raised TSE’s capital to IRR 1,100 billion. This was sourced by retained profits and the reserves.

TSE’s financial digest for the past fiscal year is as follows:

Operating Income: IRR 514 billion

Total Expenses: IRR 272 billion

Operating Profit: IRR 242 billion

Profit before Tax: IRR 389 billion

Net Profit: IRR 327 billion

EPS: IRR 364