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20 Reasons To Invest In Turkey

20 Reasons To Invest In Turkey

 

Turkey is a shining star on the middle east lands and when you look at the other countries which are being on the same geography, you can notice the most powerfull country is Turkey. On that point, investors from all over the world come these lands to make their investments. Because Turkey Property is really valuable for them and they want to gain more money with their new jobs.

Turkey has an important investment point, it is called Istanbul, the biggest city of the country. Every big companies have some centers here and Property In Istanbul is very important for them. If an investor want to put some money for a new project in this city, he or she must to trust the general conditions.

Here is the list of the 20 reasons to invest in Turkey;

  1. Turkey Economy is being developed day by day.
  2. Sectors are really dinamic.
  3. These lands are very important for the world.
  4. The ROI (Return of Investment) is realised very quickly and it has too much benefits.
  5. You can find the gfood reasons to invest. Investment atmosphere get you secure.
  6. The labor costs are not too much and workers are very talented.
  7. The relationships of Turkey and Europen Union are nice and for the trade they’re useful.
  8. For the business, there is an energetic atmosphere with the youth people.
  9. Economic system is developed day by day and it is really attractive for the investments.
  10. Turkey Investment is can be tested to make a lot of money and gain big profits.
  11. The system of the taxation is helpfull for the investors to being in Turkey.
  12. The population of the country is really big.
  13. Investors can look at the opportunities.
  14. The rules supports to the investors.
  15. Some sectors have the lower taxes.
  16. Turkey has an open minded view to invest.
  17. The jeopolitic position is nice.
  18. Investors have different alternatives for investments.
  19. Foreign companies give the trust to public.
  20. Costs are low.

 

 

 

3rd Bosphorus Bridge

3rd Bosphorus Bridge

Turkey is very powerfull and attractive country. Foreign people visit here every year and they come these lands with crowds. There are a lot of cultural and touristic things to see and to visit. 3rd Bosphorus Bridge is the new bridge for the Istanbul and it is prepared for now. When it will be finish, this bridge can solve the traffic jam for the city and a lot of cars, buses, vehicles and others can use this way to pass the lands. On that point, there are some opportunities around the new bridge for the investors.

Land Investment in Turkey topic is really popular for now. Because investors want to buy some lands in Istanbul, but if these lands are around an important place or the new part of the city, they are also more valuable than the other lands. It means that investors can sell these lands in a short time and make money. Or investors can make some projects on these lands may be.

Like these kind of reasons, to Buy Land Istanbul is normal for the people. Because the city is still being developed and bigger. So, someones will gain the money and people will need some buildings or lands. At that time, we can understand that investors can buy some parts of the city and they can sell there for the people and people will have a lot of benefits.

Transportation in Istanbul will be so relaxed after finishing the 3rd Bosphorus Bridge. Because this bridge will carry the trucks more than the other cars. Because if they use here, the other bridges will be cool for the cars while passing the continents. If you think for the traffic problem in Istanbul, you will notice the 3rd bridge is really an important thing for the transportation. By the way, on this bridge, not only gods will be transported, but also humans will be transported from the Asia to Europe or from the Europe to Asia. The main thing is we need to wait for the finishing of the bridge and see the relaxing.

JA Solar and Essel Infraprojects Limited Sign MOU on 500MW PV Joint Venture

JA Solar and Essel Infraprojects Limited Sign MOU on 500MW PV Joint Venture

SHANGHAI, May 25, 2015 /PRNewswire/ — JA Solar Holdings Co., Ltd. (Nasdaq: JASO) (“JA Solar”), one of the world’s largest manufacturers of high-performance solar power products, today announced that it has signed a Memorandum of Understanding (the “MOU”) with its Indian business partner, Essel Infraprojects Limited (“EIL”), to establish a solar cell and module manufacturing facility joint venture (“JV”). The MOU declares a 500MW production capacity for the JV and outlines the duties of each party.

http://photos.prnewswire.com/prnvar/20150522/218046LOGO

The agreement was reached on May 16(th) at the India-China Business Forum held in Shanghai, where Indian Prime Minister Narendra Modi, Chinese national leaders, and commercial and industrial representatives of both countries were in attendance, including JA Solar and its partner, EIL.

Cooperation opportunities in the photovoltaic industry were a special focus at the Forum, as the leaders agreed that the establishment of a photovoltaic park should be a priority on the agenda. More than twenty different agreements were signed by representatives at the forum, representing up to 22 billion U.S. dollars in total investments.

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SOURCE JA Solar Holdings Co., Ltd.

Photo:http://photos.prnewswire.com/prnh/20150522/218046LOGO
http://photoarchive.ap.org/
JA Solar Holdings Co., Ltd.

CONTACT: Erica Hu, +86-21-6095-5888, +86-21-6095-5999, sales@jasolar.com; market@jasolar.com

Phoenix New Media Reports First Quarter 2015 Unaudited Financial Results

Phoenix New Media Reports First Quarter 2015 Unaudited Financial Results

1Q15 Mobile Advertising Revenues Up 135% YOY

Live Conference Call to be Held at 8:00 PM U.S. Eastern Time on May 13

BEIJING, May 13, 2015 /PRNewswire/ — Phoenix New Media Limited (NYSE: FENG), a leading new media company in China (“Phoenix New Media”, “ifeng” or the “Company”), today announced its unaudited financial results for the quarter ended March 31, 2015.

http://photos.prnewswire.com/prnvar/20140716/127493

“The first quarter was marked by further strides in the evolution of our company as an integrated news and information gateway that continues to redefine how users find and consume information anywhere, anytime and on any Internet-enabled device,” stated Mr. Shuang Liu, CEO of Phoenix New Media. “Despite of the seasonal impact on advertising revenues associated with the late Chinese New Year, the temporary volatility due to the transition of the sales executive and our increased investments on mobile internet, we made solid operational progress which will pave the way for long-term user growth and business expansion. We are now seeing a powerful virtuous cycle emerge as it relates to our core competencies, namely content production capability, dedication to serious journalism and cutting-edge technology. We are confident that with these strong fundamentals, as well as the ongoing technical evolution of our business through synergy with Yidian, we are well positioned to capitalize on emerging opportunities across China’s expanding mobile Internet landscape.”

Mr. Ya Li, president of Phoenix New Media, stated, “In April, we completed our strategic investment in Yidian. Going forward, by combining Yidian’s proprietary technology, ifeng’s premium content, and Xiaomi’s strong distribution channels, we will further drive the expansion of our overall user base. With respect to the advertising sales, we are confident that the impact of the transition of the sales executive was temporarily, and it is expected to ramp up toward the second half of the year. To supplement this, we will be rolling out innovative marketing initiatives like personalized interest ads on Yidian, native ad campaigns and programmatic buying ads.

First Quarter 2015 Financial Results

REVENUES

Total revenues for the first quarter of 2015 increased by 2.2% to RMB365.1 million (US$58.9 million) from RMB357.1 million in the first quarter of 2014.

Net advertising revenues (net of advertising agency service fees) for the first quarter of 2015 increased by 14.2% to RMB268.4 million (US$43.3 million) from RMB234.9 million in the first quarter of 2014, primarily due to the robust growth of 135.2% year-over-year on mobile advertising revenues. Average revenue per advertiser (“ARPA”) increased by 13.4% to RMB1.1 million (US$0.2 million) and the total number of advertisers increased 0.8% to 255 in the first quarter of 2015.

Paid service revenues for the first quarter of 2015 decreased by 20.9% to RMB96.7 million (US$15.6 million) from RMB122.2 million in the first quarter of 2014. Mobile value-added services (“MVAS”)[1] revenues for the first quarter of 2015 decreased by 23.9% to RMB74.7 million (US$12.1 million) from RMB98.2 million in the first quarter of 2014, due to the fact that the Company has trimmed the digital reading and mobile video businesses through telecom operators’ platforms as a result of the change of revenue sharing scheme. Revenues from games and others[2] for the first quarter of 2015 decreased by 8.4% to RMB22.0 million (US$3.5 million) from RMB24.0 million in the first quarter of 2014, primarily due to the decrease in revenues generated from web-based games on the Company’s game platform, as well as the lower-than-expected revenues generated from mobile games.

[1] MVAS includes wireless
value-added services, or
WVAS, mobile video, mobile
digital reading, mobile
games and other paid
services through China’s
three telecom operators’
platforms.

[2] Games and others
include web-based games,
content sales, and other
online and mobile paid
services through the
Company’s own platforms.
COST OF REVENUES AND GROSS PROFIT

Cost of revenues for the first quarter of 2015 increased by 9.4% to RMB190.1 million (US$30.7 million) from RMB173.9 million in the first quarter of 2014, primarily due to an increase in content and operational costs. Content and operational costs for the first quarter of 2015 increased to RMB90.8 million (US$14.6 million) from RMB74.1 million in the first quarter of 2014, due to an increase in staff-related costs and advertisement-related content production costs. Sales taxes and surcharges for the first quarter of 2015 increased to RMB26.4 million (US$4.3 million) from RMB25.3 million in the first quarter of 2014. Revenue sharing fees to telecom operators and channel partners in the first quarter of 2015 decreased slightly to RMB51.5 million (US$8.3 million) from RMB53.7 million in the first quarter of 2014. Bandwidth costs in the first quarter of 2015 increased slightly to RMB21.5 million (US$3.5 million) from RMB20.8 million in the first quarter of 2014, primarily due to the increase in the Company’s mobile traffic. Share-based compensation included in cost of revenues was RMB5.0 million (US$0.8 million) in the first quarter of 2015, compared to RMB3.0 million in the first quarter of 2014. The year-over-year increase in share-based compensation was primarily due to the stock options newly granted in 2014.

Gross profit for the first quarter of 2015 was RMB175.0 million (US$28.2 million), compared to RMB183.3 million in the first quarter of 2014. Gross margin for the first quarter of 2015 was 47.9%, compared to 51.3% in the first quarter of 2014. Adjusted gross margin[3], which excludes share-based compensation, for the first quarter of 2015 was 49.3%, compared to 52.1% in the first quarter of 2014.

[3] An explanation of the Company’s
non-GAAP financial measures is
included in the section entitled
“Use of Non-GAAP Financial
Measures” below, and the related
reconciliations to GAAP financial
measures are presented in the
accompanying “Reconciliations of
Non-GAAP Results of Operation
Measures to the Nearest Comparable
GAAP Measures”.

OPERATING EXPENSES AND INCOME FROM OPERATIONS

Total operating expenses for the first quarter of 2015 increased by 19.8% to RMB168.0 million (US$27.1 million) from RMB140.2 million in the first quarter of 2014. The increase in operating expenses was primarily attributable to the increase in staff-related costs and expenses associated with the Company’s marketing and promotional initiatives. Share-based compensation included in operating expenses was RMB9.8 million (US$1.6 million) in the first quarter of 2015, compared to RMB7.9 million in the first quarter of 2014. The year-over-year increase in share-based compensation was primarily due to the stock options newly granted in 2014.

Excluding share-based compensation, adjusted income from operations for the first quarter of 2015 was RMB21.7 million (US$3.5 million), compared to RMB54.0 million in the first quarter of 2014. Income from operations for the first quarter of 2015 was RMB6.9 million (US$1.1 million), compared to RMB43.1 million in the first quarter of 2014.

Excluding share-based compensation, the adjusted operating margin for the first quarter of 2015 was 6.0%, compared to 15.1% in the first quarter of 2014, while operating margin for the first quarter of 2015 was 1.9% primarily due to the decrease in paid service revenues, the seasonal impact on advertising revenues associated with the late Chinese New Year, the transition of the sales executive and increase in staff-related costs.

OTHER INCOME/(LOSS)

Other income/(loss) reflects loss from equity investments, gain on disposition of subsidiaries and acquisition of equity investments, interest income, foreign currency exchange gain or loss and others, net. Loss from equity investments for the first quarter of 2015 increased to RMB20.0 million (US$3.2 million) from RMB1.5 million in the first quarter of 2014, primarily due to an increase in the equity pick up from the net loss of Yidian for the period. Gain on disposition of subsidiaries and acquisition of equity investments for the first quarter of 2015 was null, compared to RMB17.7 million in the first quarter of 2014. Interest income for the first quarter of 2015 was RMB8.8 million (US$1.4 million), compared to RMB12.0 million in the first quarter of 2014. Foreign currency exchange loss for the first quarter of 2015 was RMB1.9 million (US$0.3 million), compared to RMB6.9 million in the first quarter of 2014.

NET INCOME/(LOSS) ATTRIBUTABLE TO PHOENIX NEW MEDIA LIMITED

We have made a few investments during the year of 2014. These investments have created two new non-operating items as loss from equity investments and gain on disposition of subsidiaries and acquisition of equity investments on our statement of comprehensive income.

Adjusted net income attributable to Phoenix New Media Limited, which excludes those non-operating items and the share-based compensation, for the first quarter of 2015 was RMB23.6 million (US$3.8 million), compared to RMB56.9 million in the first quarter of 2014. Adjusted net margin for the first quarter of 2015 was 6.5%, compared to 15.9% in the first quarter of 2014. Adjusted net income per diluted ADS[4] in the first quarter of 2015 was RMB0.32 (US$0.05), compared to RMB0.73 in the first quarter of 2014.

Net loss attributable to Phoenix New Media Limited for the first quarter of 2015 was RMB11.2 million (US$1.8 million), compared to net income attributable to Phoenix New Media Limited of RMB62.2 million in the first quarter of 2014. The net loss attributable to Phoenix New Media Limited was mainly due to the non-operating items and share-based compensation. Net loss margin for the first quarter of 2015 was 3.1%, compared to net income margin of 17.4% in the first quarter of 2014.Net loss per diluted ADS in the first quarter of 2015 was RMB0.16 (US$0.03), compared to net income per diluted ADS of RMB0.80 in the first quarter of 2014.

As of March 31, 2015, the Company’s cash and cash equivalents, term deposits and short term investments and restricted cash were RMB1.27 billion (US$204.6 million). Immediately after closing of the additional investment in Yidian, the Company’s cash and cash equivalents, term deposits and short term investments and restricted cash were around RMB1.06 billion (US$171.0 million).

For the first quarter of 2015, the Company’s weighted average number of ADSs used in the computation of diluted net loss per ADS was 72,948,956. As of March 31, 2015, the Company had a total of 567,369,822 ordinary shares outstanding, or the equivalent of 70,921,228 ADSs.

[4] “ADS” means American
Depositary Share of the
Company. Each ADS
represents eight Class A
ordinary shares of the
Company.
Business Outlook

For the second quarter of 2015, the Company expects its total revenues to be between RMB412 million and RMB432 million. Net advertising revenues are expected to be between RMB322 million and RMB332 million. Paid service revenues are expected to be between RMB90 million and RMB100 million. These forecasts reflect the Company’s current and preliminary view on the market and operational conditions, which are subject to change.

Conference Call Information

The Company will hold a conference call at 8:00 p.m. U.S. Eastern Time on May 13, 2015 (May 14, 2015 at 8:00 a.m. Beijing / Hong Kong time) to discuss its first quarter 2015 unaudited financial results and operating performance.

To participate in the call, please dial the following numbers:

International: +6567239385

Mainland China: 4001200654

Hong Kong: +85230186776

United States: +18456750438

Conference ID: 37909386
A replay of the call will be available through May 20, 2015 by dialing the following numbers:

International: +61290034211

Mainland China: 4006322162

Hong Kong: +85230512780

United States: +16462543697

Conference ID: 37909386
A live and archived webcast of the conference call will also be available at the Company’s investor relations website at http://ir.ifeng.com

Use of Non-GAAP Financial Measures

To supplement the consolidated financial statements presented in accordance with the United States Generally Accepted Accounting Principles (“GAAP”), Phoenix New Media Limited uses adjusted gross profit, adjusted gross margin, adjusted income from operations, adjusted operating margin, adjusted net income attributable to Phoenix New Media Limited, adjusted net margin and adjusted net income per diluted ADS, each of which is a non-GAAP financial measure. Adjusted gross profit is gross profit excluding share-based compensation. Adjusted gross margin is adjusted gross profit divided by total revenues. Adjusted income from operations is income from operations excluding share-based compensation. Adjusted operating margin is adjusted income from operations divided by total revenues. Adjusted net income attributable to Phoenix New Media Limited is net income/(loss) attributable to Phoenix New Media Limited excluding share-based compensation, gain on disposition of subsidiaries and acquisition of equity investments, and loss from equity investments. Adjusted net margin is adjusted net income attributable to Phoenix New Media Limited divided by total revenues. Adjusted net income per diluted ADS is adjusted net income attributable to Phoenix New Media Limited divided by weighted average number of diluted ADSs. The Company believes that separate analysis and exclusion of the non-cash impact of share-based compensation, gain on disposition of subsidiaries and acquisition of equity investments, and loss from equity investments add clarity to the constituent parts of its performance. The Company reviews adjusted net income together with net income/(loss) to obtain a better understanding of its operating performance. It uses these non-GAAP financial measures for planning, forecasting and measuring results against the forecast. The Company believes that using multiple measures to evaluate its business allows both management and investors to assess the Company’s performance against its competitors and ultimately monitor its capacity to generate returns for its investors. The Company also believes that non-GAAP financial measures are useful supplemental information for investors and analysts to assess its operating performance without the effect of non-cash share-based compensation, gain on disposition of subsidiaries and acquisition of equity investments, and loss from equity investments. Share-based compensation and loss from equity investments have been and will continue to be significant and recurring in its business. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company’s net income/(loss) for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similar titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measure in isolation from or as an alternative to the financial measure prepared in accordance with U.S. GAAP.

Exchange Rate

This announcement contains translations of certain RMB amounts into U.S. dollars (“USD”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.1990 to US$1.00, the noon buying rate in effect on March 31, 2015 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. For analytical presentation, all percentages are calculated using the numbers presented in the financial statements contained in this earnings release.

About Phoenix New Media Limited

Phoenix New Media Limited (NYSE: FENG) is a leading new media company providing premium content on an integrated platform across Internet, mobile and TV channels in China. Having originated from a leading global Chinese language TV network based in Hong Kong, Phoenix TV, the Company enables consumers to access professional news and other quality information and share user-generated content on the Internet and through their mobile devices. Phoenix New Media’s platform includes its ifeng.com channel, consisting of its ifeng.com website and web-based game platform, its video channel, comprised of its dedicated video vertical and mobile video services, and its mobile channel, including its mobile Internet website, mobile applications and mobile value-added services.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Phoenix New Media’s strategic and operational plans, contain forward-looking statements. Phoenix New Media may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Phoenix New Media’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the online and mobile advertising, online video and mobile paid service markets in China; the Company’s reliance on online advertising and MVAS for the majority of its total revenues; the Company’s expectations regarding demand for and market acceptance of its services; the Company’s expectations regarding the retention and strengthening of its relationships with advertisers, partners and customers; fluctuations in the Company’s quarterly operating results; the Company’s plans to enhance its user experience, infrastructure and service offerings; the Company’s reliance on mobile operators in China to provide most of its MVAS; changes by mobile operators in China to their policies for MVAS; competition in its industry in China; and relevant government policies and regulations relating to the Company. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F-1, as amended, and its annual reports on Form 20-F. All information provided in this press release and in the attachments is as of the date of this press release, and Phoenix New Media does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries please contact:

Phoenix New Media Limited
Matthew Zhao
Email: investorrelations@ifeng.com

ICR, Inc.
In Beijing, China: Jeremy Peruski
In New York City: Katherine Knight
Tel: +1 (646) 277-1276
Email: investorrelations@ifeng.com

Phoenix New Media Limited

Condensed Consolidated Balance Sheets

(Amounts in thousands)

December 31, March 31, March 31,

2014 2015 2015
—- —- —-

RMB RMB US$

Audited* Unaudited Unaudited

ASSETS

Current assets:

Cash and cash equivalents 1,285,847 683,455 110,252

Term deposits and short term investments 40,000 553,992 89,368

Restricted cash – 30,711 4,954

Accounts receivable, net 493,569 505,288 81,511

Amounts due from related parties 176,224 120,786 19,485

Prepayment and other current assets 42,703 49,220 7,941

Deferred tax assets 24,565 25,815 4,164

AVG Technologies to Present at J.P. Morgan’s 43rd Annual Technology, Media and Telecom Conference

AVG Technologies to Present at J.P. Morgan’s 43rd Annual Technology, Media and Telecom Conference

AMSTERDAM, May 13, 2015 /PRNewswire/ — AVG® Technologies N.V. (NYSE: AVG), the online security company(TM) for more than 200 million monthly active users, announced today that Gary Kovacs, Chief Executive Officer, will present at the J.P. Morgan 43rd Annual Technology, Media and Telecom Conference.

The presentation will take place on May 19, 2015 at the Westin Boston Waterfront Hotel from 4:10 to 4:40 pm ET.

A webcast of the conference presentation will be available live on the investor relations section of AVG.com and an archived webcast will be available for replay beginning approximately two hours after the live presentation is completed. These links can be found on the investor relations section of the company’s website at http://investors.avg.com.

http://photos.prnewswire.com/prnvar/20120306/SF65434LOGO

About AVG Technologies (NYSE: AVG)

AVG is the online security company providing leading software and services to secure devices, data and people. AVG’s award-winning technology is delivered to over 200 million monthly active users worldwide. AVG’s Consumer portfolio includes internet security, performance optimization, and personal privacy and identity protection for mobile devices and desktops. The AVG Business portfolio – delivered by managed service providers, VARs and resellers – offers IT administration, control and reporting, integrated security, and mobile device management that simplify and protect businesses.

All trademarks are the property of their respective owners.

www.avg.com

Keep in touch with AVG

http://www.twitter.com/AVGfree
http://www.facebook.com/AVG
https://www.linkedin.com/company/28199
http://blogs.avg.com/
http://www.youtube.com/user/officialAVG

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SOURCE AVG Technologies N.V.

Photo:http://photos.prnewswire.com/prnh/20120306/SF65434LOGO http://photoarchive.ap.org/
AVG Technologies N.V.

CONTACT: Investor Relations – US: Bonnie Mc Bride, Tel: + 1 415 806 0385, Email: bonnie.mcbride@avg.com, OR Europe: Camelia Isaic, Tel: +420 702 205 848, Email: camelia.isaic@avg.com, IR team email: ir@avg.com, OR Media Relations – US: Deanna Contreras, Tel: +1 415 371 2001, Email: Deanna.Contreras@avg.com, OR Rest of World: Stephanie Kane, Tel: + 44 7817 631016, Email: stephanie.kane@avg.com

Web Site: http://www.avg.com