4Q 2016 Financial Notification of the company has submitted to the Financial Supervision Commission.
Through the interim report:
The net profit of the holding for 2016 is BGN 5146 thousand compared to BGN 4734 thousand for 2015, an increase of 8.7%.
At the annual general meeting of shareholders, the Board of Directors will propose to continue the tradition of allocating part of the financial result to shareholders as dividends.
The published Corporate Events Calendar provides for the general meeting of shareholders to be held on 23 May, and the payment of dividends, if it will be decided, to begin two months earlier than usual – from 10 July.
At the end of 2016 available cash holdings are nearly BGN 8.7 million. The management of Stara Planina Hold is researching the market for new acquisitions.
NET PROFIT (BGN thousand)