The first option is to set aside the entire 2021 net profit as “other reserves” to be used for future investment, and the second option to is to distribute RON15 million dividends from the profit or RON0.03 per share (gross).
“The performance in 2022 is uncertain, possible news, circumstances, geopolitical decisions may have a significant influence on the stock market, leading to an unpredictable situation,” the report says.
The proposed options will be discussed in the Ordinary General Meeting of Shareholders on April 28 or April 29, if the necessary quorum is not met for the meeting to be carried out the day it was initially called for.
The net profit to be decided about is 31% higher than budgeted for 2021 but 28% lower than the RON52 million of 2020.
Last year’s revenue stood at almost RON70 million, 1.4% lower than the RON71 million of 2020. SIF Oltenia shares have gained 18.6% in 2022 on almost RON130 milion transactions. Capitalization amounts to about RON1 billion.
(English version by Loredana Fratila-Cristescu)