
The board wants 2025 profit applied against accumulated losses, with no cash or share-based distribution proposed for shareholders.
Cosmos Yatırım Holding’s board has proposed paying no dividend for 2025 and applying the year’s profit against accumulated losses. The proposal is due to go before the company’s 2025 ordinary general meeting.
The KAP disclosure lists net profit of 7,290,042 TL under SPK figures and 109,788.62 TL in statutory records. It also reports accumulated losses of 135,256,825 TL and 156,491,957.57 TL, respectively, leaving net distributable losses in both sets of figures.
The proposal means shareholders would receive neither cash nor additional shares if it is approved. The disclosure does not state the meeting’s outcome.
This article was produced with the help of AI technology. Source: Yahoo Finance