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Croatia’s 3. Maj to cover 2023 net loss with future profit

Jun 11, 2024, 3:43:55 PMArticle by Annie Tsoneva
share
June 11 (SeeNews) - Croatian shipyard 3. Maj Brodogradiliste [ZSE:3MAJ] said on Tuesday it has proposed to its shareholders to cover its net loss for last year with future profit.

Croatia’s 3. Maj to cover 2023 net loss with future profit
Croatian shipbuilding company 3. Maj Brodogradiliste started building two pontoons for another local shipyard, Brodogradiliste Viktor Lenac, on July 27, 2023. Source: The Primorska- Goranska country

The net loss of 3. Maj Brodogradiliste totalled 12.59 million euro ($13.5 million), while the overall consolidated net loss of the company and its subsidiaries stood at 12.556 million euro in 2023, it said in a filing to the Zagreb bourse.

The shareholders will vote on the proposal on July 17.

Last year they decided to cover its net loss of 13 million euro for 2022 with future profit.

Shares of 3. Maj have not been traded since August 2022.

($ = 0.932 euro)

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