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N. Macedonia

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Shikun & Binui secures funding for 101 MW PV plant in Romania

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N. Macedonia's Teteks plans flat dividend for 2023

Mar 14, 2024, 11:27:20 AMArticle by Dragana Petrushevska

March 14 (SeeNews) - North Macedonia's textile products manufacturer Teteks [MSE:TETE] said on Thursday that the company's board decided to distribute a gross dividend of 110 denars ($2/1.8 euro) per share for 2023, same as the previous year.

N. Macedonia's Teteks plans flat dividend for 2023

Author: Joost Nelissen Licence: Creative Commons

Teteks will distribute a total of 44.9 million denars as dividend for 2023, the company said in a bourse filing.

The company's shareholders will vote on the proposal at a meeting on April 19.

The company's net profit rose 39% year-on-year in 2023, reaching 94.3 million denars.

Teteks' shares last traded on the Macedonian Stock Exchange (MSE) on February 27, at an average price of 2,800 denars.

(1 euro = 61.63 denars)

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about 18 hours ago

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