This allocation rate of the net profit triggers a dividend per share of RON1.6. ZF calculations regarding the yield were based on Wednesday’s closing price of RON12.9 per BRD share.
BRD Group on Thursday said it registered a net profit of RON1.415 billion in 2017, up 85.3% on the year, on the backdrop of solid revenue from its core activity and a positive cost of risk, while its net banking income rose 4.9% to RON2.7 billion, excluding non-recurring items.
Related strictly to the bank, the net profit climbed to RON1.380 billion, compared with RON728,000 in 2016, the bank said in its preliminary financial report.