Croatia’s Luka Rijeka to skip dividend payment

The company’s net profit of 1.0 million euro for 2023 will be used to cover losses from earlier years, it said in a filing to the Zagreb Stock Exchange.

Last year, the company decided to use the company’s net profit of 68.7 million kuna ($9.9 million/9.1 million euro) for 2022 to cover losses from earlier years.

Luka Rijeka’s shares last traded on Monday, ending flat at 7.85 euro on the Zagreb Stock Exchange.

($ = 0.922 euro)