STARA PLANINA HOLD PLC
Documents:
Financial Report
Explanatory Notes
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.
Stara Planina Hold AD published this content on 27 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 January 2017 16:55:07 UTC.
Original documenthttp://www.sphold.com/en/news/39-2017/397-4q-2016-financial-notification
Public permalinkhttp://www.publicnow.com/view/52489ED0CC26AA7529272FA4599B079C4DDFF67D
