Its operating income grew 4.15% in January-June 2019, to RON54.5 million, mainly due to higher income from the production sold, but also to income from the sale of goods, according to data included in the company’s half-year report.
The company’s total assets stood at RON80.9 million on June 30, 2019, down 1.41% from the year-earlier period, and its assets stood at RON15.4 million, compared with RON16.6 million on June 30, 2018.
The company’s shareholders approved in April the distribution of gross dividends of RON4 million (a gross dividend of RON0.08408 per share), the equivalent of a 10.2% yield. It means nearly 98.3% of the 2018 net profit will be distributed to shareholders. Shareholders also approved the investment program for 2019 and the first quarter of 2020. The total value of budgeted investments amounts to RON5.4 million.
Iproeb Bistrita, which has a market capitalization of RON38.5 million, is 33.3% owned by Electromontaj Bucuresti and 10.6% by Celco Constanta.
IPRU shares have grown 3.36% on the alternative trading system AeRO since the beginning of 2019.