Estonia, Financial Services, Post Office, Transport

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 14:57

Eesti Post to pay dividend of EUR 1.3 mln

BC, Tallinn, 21.04.2016.Print version
The state-owned Estonian logistics company AS Eesti Post will pay a dividend of 1.3 million euros for 2015, the general meeting decided, cites LETA/BNS.

The remaining 159,599 euros will be added to retained profit from previous periods.

 

Eesti Post earned a profit of 1.46 million euros last year, 10% more than in 2014. Its revenue climbed 26% year over year to 75.6 million euros.

 

The company said in the annual report its growth in 2015 was based on logistics and international business, the launch of an international transit business, establishment of the joint venture Post11 with a Chinese operator, and continuous development of the largest parcel machine network in the Baltics.






Search site