Sin Cars Industry’s (SIN) L City Koffer S electric vehicle received its first road traffic registration on April 6th after obtaining homologation for the production of a small series (20-30k units per annum) of the vehicle and successfully passing the WLTP test (Worldwide Harmonized Light-Duty Vehicles Test Procedure) in the laboratory of TUV SUD in Stuttgart.
Lead acid batteries producer Monbat’s consolidated revenues down 9.7% y/y, bottom line shrank more than 4x in H1 2018, according to latest financial statements published by the Company. During the first six months, Monbat posted BGN 133.6m in revenues, marking a 9.7% y/y decrease, with exports declining by 2.9% y/y to BGN 122.5m.
Batteries producer Monbat shareholders voted BGN 0.19 DPS at the shareholders’ meeting held on 25th June, 2018, the Company announced in a filing to the Bulgarian Stock Exchange. The dividend yields 2.3% at current quotes.
Lead acid batteries producer Monbat shareholders will vote BGN 0.19 DPS at a general shareholders meeting scheduled for 25th June, 2018, the Company announced in a regulatory filing to the Bulgarian Stock Exchange.
Car batteries manufacturer Monbat top and bottom line deteriorated considerably in JanFeb’18 on lower batteries volumes, recycling and new investment losses, the Company announced in a regulatory monthly filing.
Leading lead-acid car batteries producer Monbat placed EUR 28m convertible bond, the Company announced in a regulatory statement. The bond ‘s term is 84 months and will pay out a semi-annual 6M Euribor + 3% interest, but min. 3% annually.
Monbat AD, pursuant to Art. 92a, para. 1 of the Public Offering of Securities Act (POSA), informs the investors about the beginning of a public offering of up to 30 000 (thirty thousand) dematerialized, interest-bearing, convertible, freely transferable and unsecured bonds with an issue and nominal value of one bond in the amount of EUR 1 000 (one thousand)