Practic Bucuresti, one of the largest owners of street-level retail space in capital city Bucharest, reported a net profit of RON24 million in 2019.
The Board of Directors of Practic SA proposes the company’s shareholders January 28, 2021 as date for the payment of dividends.
Practic Bucuresti is held by Radu Dimofte, who is a shareholder in several local businesses such as KFC and Pizza Hut Romania,
Stock market data show Radu Dimofte owns 48.4% of the company’s share capital, Caicos Islands-based International Business&Trading Corp owns a 32% stake and WellKept Group Bucuresti holds 12%.
Practic Bucuresti has a market capitalization of RON356 million and its shares have been trading down 24% since the beginning of 2020, amid deals worth RON278,280.