March 22 (SeeNews) - Croatian oil and gas company INA [ZSE:INA-R-A] said on Wednesday it plans to distribute 152 million kuna ($22.2 million/20.5 million euro) as dividend for 2016.
INA's management and supervisory board approved the dividend payment at a session on Wednesday, the company said in a Zagreb bourse filing.
No additional data was provided.
Last month, INA reported a consolidated net profit of 101 million kuna in 2016, compared to a net loss of 1.4 billion kuna in the previous year.
Net sales revenues dropped 17% to 15.6 billion kuna last year, INA said at the time.
(1 euro=7.41566 kuna)