May 10 (SeeNews) - Bulgarian aluminium products manufacturer Alcomet [BUL:ALCM] on Wednesday proposed to distribute 14.1 million levs ($7.9 million/7.2 million euro) as dividend for last year.
Alcomet plans to allocate to dividend distribution 25% of its net profit of 56.4 million levs reported for 2022, it said in a bourse filing, without disclosing what the dividend per share will amount to.
The remaining 42.3 million levs of the company's earnings for 2022 will be retained as undistributed profit.
The proposal will be voted upon at a general meeting of shareholders on June 15.
Alcomet did not distribute a dividend for 2021.
As of 1405 CET on Wednesday, shares in Alcomet traded 1.74% higher at 8.75 levs on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)