Croatia’s Medora to skip dividend

The company’s entire net profit of 1.6 million euro ($1.7 million) reported for 2023 will be retained, it said in a filing to the Zagreb bourse.

The shareholders will vote on the proposal on August 23. Last year they decided to retain Medora's net profit of 1.06 million euro reported for 2022.

Medora's shares last traded on the Zagreb bourse on June 4, closing flat at 1.85 euro.

($ = 0.933 euro)