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Croatia's HTP Orebic to cover 2021 loss with retained profit

Author Annie Tsoneva
Croatia's HTP Orebic to cover 2021 loss with retained profit Croatia's hotel owner Aminess. Photo by Aminess.

ZAGREB (Croatia), June 20 (SeeNews) - Croatian hotel operator HTP Orebic [ZSE:HTPO] said on Monday it will propose to its shareholders to cover the net loss of 945,771 kuna ($132,300/126,000 euro) reported for last year with the company's retained profit from previous years.

The shareholders will vote on the proposal on August 1, HTP Orebic said in a filing to the Zagreb bourse.

Last year, the shareholders decided to cover the company's net loss of 2.2 million kuna for 2020 with retained profit from previous years.

The company's shares closed at 81.50 kuna, down 4.68%, on Monday on the stock exchange in Zagreb.

The largest shareholders in the company are hotel owners and operators Dalmacija Hoteli with 63.05% and Aminess with 26.20%, Zagreb bourse data showed.

(1 euro=7.516 Croatian kuna)

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