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Friday, 26.04.2024, 17:19
Lithuanian energy producer LEG approves EUR 0.02 dividend for H2 2016
BC, Vilnius, 24.03.2017.
Print version
Print versionLithuania's state-owned electricity production group Lietuvos Energijos Gamyba (Lithuanian Energy Production, or LEG) is set to distribute 12.702 million euros as dividends, or 0.02 euros per share, to shareholders for the second half of 2016, bringing to 40.01 mln euros the total dividend payout for the year, reports LETA/BNS.
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LEG's shareholders on Friday approved the proposed dividend payment for the second half of last year, the company said in a stock exchange release.
Lietuvos Energija (Lithuanian Energy), which owns 96.75% of shares in the company, received 26.418 mln euros as interim dividends for the first half of 2016 and is to get another 12.289 mln euros for the second half, as estimated by LETA/BNS.
LEG, which is quoted on the blue-chip Main List of the Nasdaq Vilnius stock exchange, last year posted a net profit of 39.975 mln euros, versus a net loss of 231,000 euros in 2015. Annual revenue fell to 172.9 mln euros, down 19.3% from 214.4 mln euros in 2015.
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