June 19 (SeeNews) - Tobacco products wholesaler Karelia Bulgaria, a wholly-owned unit of Greece's largest cigarette manufacturer Karelia Tobacco Company, said that is planning to distribute a dividend of 26.22 million euro ($29.4 million) for last year.
Under the proposal, the company will distribute a dividend of 9.5 euro per share, the company said in a financial statement.
Karelia Tobacco Company is due to vote of the proposal on June 26.
Karelia Bulgaria's consolidated net profit grew to 79.0 million levs last year from 54.7 million levs in 2017.
($ = 0.8925 euro)