Yünsa Decides to Distribute TL 237 Million Dividend for 2023
The 2023 Ordinary General Assembly Meeting of Yünsa, one of the world’s top five top segment wool fabric manufacturers, was held with the wide participation of the board of directors and shareholders. Stating that they work with the aim of creating value for all stakeholders, Yünsa Chairman of the Board of Directors Mustafa Sürmegöz announced that they decided to distribute a gross dividend of 236,736,631 TL for 2023 at the general assembly.
The meeting started with the opening speech of Mustafa Sürmegöz, Chairman of the Board of Directors of Yünsa, and continued with the sharing of the company’s 2023 annual report and independent audit reports with the general assembly members, reading the consolidated financial statements and presenting the expectations for 2024.
According to the statement made by Yünsa to the Public Disclosure Platform (KAP) after the General Assembly; it was decided to distribute a total of 236,736,631 TL dividend of 394.56% gross and 355.10% net to the shareholders representing 60 Million TL capital from the profit of 2023, depending on their legal status, in cash as of May 30, 2024.
“We Will Continue to Create Added Value for All Stakeholders.”
Stating that the 2023 dividend figure is an indicator of Yünsa’s financial strength and its consistent policy of creating value for all its stakeholders, Mustafa Sürmegöz said, “The year 2023, when we celebrate the 50th anniversary of Yünsa and the 100th anniversary of our Republic, has not been an easy year for both our country and the whole world. The contraction in global demand, fluctuations in raw material prices, disruptions in supply chains and increasing costs negatively affected the sector.
However, despite all challenging conditions, Yünsa completed 2023 with a successful performance and a proud financial statement. At Yünsa, we believe that the ecosystem we have created is shared with all our stakeholders, especially our customers, employees and suppliers, as well as our shareholders. In 2023, we continued to offer value to our stakeholders with the economic added value we created and the investments we made. In 2023, when dividend figures in the textile sector were generally low, we, as Yünsa, took a strong stance in this area and decided to distribute dividends amounting to 237 Million TL. On this path, where we are taking firm steps towards our goal of becoming the world’s leading wool fabric brand, we will evaluate profitable and sustainable growth opportunities and continue to create added value for our country, all our stakeholders and employees.”
