Bulgaria s Industrial Capital Holding proposes flattish dividend for 2020 Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.
SOFIA (Bulgaria), May 12 (SeeNews) - Bulgarian diversified group Industrial Capital Holding said on Wednesday that it is proposing to distribute a total of 1.161 million levs ($718,000/594,000 euro) as dividend for 2020.
Industrial Capital Holding distributed a total of 1.159 million levs for 2019, or 0.0735 levs per share.
Shareholders in the company will vote on the proposal at a general meeting scheduled for June 15, Industrial Capital Holding said in a stock exchange filing.
Industrial Capital Holding s standalone net profit edged down to 1.56 million levs in 2020 from 1.62 million levs in 2019.
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Bulgaria s Industrial Capital Holding grows 2020 cons net profit despite revenue fall wrangler/Shutterstock.com
SOFIA (Bulgaria), February 25 (SeeNews) - Bulgaria s Industrial Capital Holding [BUL:HIKA] said on Thursday that its consolidated net profit excluding minority interest rose to 3 million levs ($1.9 million/1.5 million euro) in 2020 from 2.5 million levs in 2019.
Industrial Capital Holding s profit after taxes, including interest attributable to other shareholders in the group s units, increased to 16.6 million levs last year from 14.9 million levs in 2019, the company said in an annual financial statement.
The group s revenue fell to 216.7 million levs from 224.2 million levs in 2019, while expenses dropped to 198.1 million levs from 207.4 million levs.
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