The company is asking for RON0.087 per share or RON55.7 million, which at the current trading prices translates into a 5.6% yield, according to ZF’s calculations.
Socep is 61.2% held by Grupul DD and its shares have lost 24.3% since the beginning of the year, on a traded volume of RON5.9 million, Bucharest Stock Exchange data show.
The company ended the first half of 2024 with RON33.4 million net profit, an increase of 13% on the year-ago period, while revenue was 7% higher, RON93.5 million.
(English version by Loredana Fratila-Cristescu)