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BELGRADE (Serbia), June 12 (SeeNews) - Serbian wholesale and retail trade company Djokic-NTK [BEL:DJKC] will skip dividend distribution for 2018, it said on Wednesday.
Djokic-NTK will allocate its earnings of 3.2 million dinars ($30,446/26,840 euro) for 2018 to cover losses from previous years, the wholesale and retail trade company said in a bourse filing.
The shareholders of Djokic-NTK approved the proposal at a general meeting held on June 10.
The company's net profit rose to 3.2 million dinars in 2018 from 2.3 million dinars in 2017, when Djokic-NTK again skipped the dividend payout.
(1 euro = 119.221 dinars)