GER: Results of General Meeting of Shareholders 2012

GER: Results of General Meeting of Shareholders 2012

GERU Star Sport JSC. has disclosed the results of its General Meeting of Shareholders. The following resolutions were approved:

1. Report from the BOD and Supervisory board 2011
2. Audited financial statement 2011:

- Revenue: VND 158,034,734,458

- Profit before tax: VND 1,174,650,935

- Averages income: VND 3,865,000

- Investment: VND 442,455,600

3. Profit distribution 2011:

- Profit before tax: VND 1,174,650,935

- Income tax: VND 368,700,943

- Prfit after tax: VND 1,001,518,633

- Profit distribution: VND 150,227,795

- Retained earrning: VND 655,722,197

4. Operating plan 2012:

- Revenue: VND 153, 000 million

- Profit before tax: VND 1,549 million

- Payable to the state: VND 903

- Dividend payment: 4.5%

- Averages income: VND 3,900,000

5. Investment in 2012: VND 3,094,000,000
6. Payment for Supervisory board 2012: VND 40,800,000
7. Select an auditor for financial year 2012: AVA limited company
8. Mr. Huynh Ngoc Hieu has been appointed Director with effect since 15/9/2011

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