Bosnian power utility EPBiH said that it will not distribute dividends from last year’s profit. Last year, the company paid out dividends in the amount of 0.084 euros/share.
The company said in the statement that it plans to allocate some 60,000 euros from last year’s net profit of 300,000 euros to reserves and retain the remaining amount as undistributed profit. This proposal has to approved by company’s shareholders at the next meeting scheduled for 26 June.
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Tags: BIH, Bosnia and Herzegovina, dividend, electricity, EPBIH, FBIH, financial