The company also wants to pay RON17 million as dividends, representing retained earnings from correction of some elements having affected the prior years’ profit, as well as RON56.6 million representing surplus achieved from revaluation reserves.
Thus, the company wants to pay gross dividends of RON16.56 per share, at a yield of 17%.
In 2016, Conpet’s net profit rose 2% to RON64 million.
Conpet has a market capitalization of RON965 million.