September 17 (SeeNews) - Steel radiator producer Korado Bulgaria [BUL:4KX], part of Czech Republic-based Korado Group, said on Thursday that its shareholders approved the distibution of gross dividend of 0.10 levs ($0.060/0.051 euro) per share for the first half of 2020, same as its payout for the like period of 2019.
Korado Bulgaria will distribute some 1.32 million levs as dividend for the first half of this year, it said in a bourse filing.
The company's net profit fell to 2.4 million levs in the first half of 2020, compared with 3.2 million levs in the same period of last year.
As at 13:00 CET on Thursday, Korado Bulgaria shares traded 2.86% higher at 5.40 levs on the Bulgarian Stock Exchange.
(1 euro = 1.95583 levs)