April 10 (SeeNews) - North Macedonian textile products manufacturer Teteks [MSE:TETE] said that it will distribute a gross dividend of 141.176 denars ($2.579/2.296 euro) per share for 2018.
Teteks paid 122.22 denars per share for 2017.
Teteks will distribute a total of 58.5 million denars as dividend for last year, of which 8.7 million denars of net profit in 2018 and 49.8 million denars of accumulated profit from preceding years, the company said in a bourse filing.
The company's shares last traded on the Macedonian Stock Exchange at a price of 2,300 denars apiece.
The company's non-consolidated net profit fell by 17% to 36.1 million denars in 2018.
(1 euro = 61.5011 denars)