June 3 (SeeNews) - Croatian confectionery producer Kras [ZSE:KRAS] will pay out a dividend of 10 kuna ($1.5/1.3 euro) per share for 2018, the same as the dividend distributed last year, the company said.
Kras recorded a net profit of 40.2 million kuna in 2018, of which the company will allocate to reserves 2.0 million kuna million kuna. After distributing the dividend, it plans to place the remainder into retained earnings, Kras said in a filing to the Zagreb Stock Exchange.
The shareholders of the company voted on the proposed dividend payout on Friday.
(1 euro = 7.41436 kuna)