In 2011, Rompetrol Well Services reported a net profit of RON15.81 million.
The company will pay out a gross dividend of RON0.029 a share from the 2011 profit, 93% higher on the year. Total dividends will reach RON8.06 million.
At around 14:20 Thursday, Rompetrol Well Services traded up 1.4% at RON0.289 in Bucharest.
Rompetrol Well Services estimates revenues will drop 11% to RON88.96 million in 2012, while costs are envisaged down 16% to RON68 million.
The company has scheduled investments worth $3.7 million (EUR2.8 million) in 2012.
Rompetrol Well Services is 71.7%-owned by Dutch-based The Rompetrol Group, controlled by Kazachstan’s KazMunayGas. (EUR1=RON4.3757)