SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
SEE TOP 100
arrow
Browse SEE TOP 100
Latest in SEE TOP 100
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Croatia's Luka Ploce to skip dividend payment

Jun 19, 2024, 2:38:35 PMArticle by Annie Tsoneva
share
June 19 (SeeNews) - Croatian Adriatic port operator Luka Ploce [ZSE:LKPC] said its shareholders decided on Wednesday to skip dividend payment this year.

Croatia's Luka Ploce to skip dividend payment
Luka Ploce. Source: ENNA Group

The company’s net profit of 10.3 million euro ($11.1 million) for 2023 will be retained, the company said in a filing to the Zagreb bourse following its annual shareholder’ meeting.

Earlier this month, Croatian pension fund manager PBZ Croatia Osiguranje, a minority shareholder in Luka Ploce, requested a dividend payment of 6.50 euro per share of the port operator's profit for last year.

Last year, the company's shareholders decided to retain the net profit of 6.6 million euro for 2022.

The company’s shares traded 2.82% lower to 138 euro on Wednesday by 1308 local time.

PBZ Croatia Osiguranje is its third largest shareholder, with a share of 8.22% according to bourse data.

($ = 0.930 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.