The General Assembly of Badel 1862, convened for September 7, is expected to decide to pay shareholders a dividend of seven kuna per share, according to the proposal from the Assembly invitation published on the Zagreb Stock Exchange.
The General Assembly of Badel 1862 is also expected to decide on the allocation and use of last year’s profit. This producer of wine, alcoholic and non-alcoholic beverages achieved a net profit of 5.85 million kuna last year.
The Management and Supervisory Board propose to allocate five percent of the achieved profit or 292.65 thousand kuna to legal reserves, a dividend of seven kuna per share to shareholders, and the remainder of the profit to retained earnings. (Hina)
