English
The Board of Petrolexportimport SA has proposed gross dividends of 3.26 RON/share, nearly times smaller than the sum granted from the Y2005 profit, amid a decrease in turnover, NewsIn reports. Shareholders will convene on April 23rd to decide on this matter. Dividends paid for 2005 amounted to 31,75 RON/share. If the shareholders approve the 3.26 RON dividend, disbursement costs of 2.5 RON per operation will be subtracted from the due amount.
Petrolexportimport concluded Y2006 with a net profit of 1.9 million RON (529,505 RON), nearly seven times smaller than the 12.97 million RON reported for Y2005. The turnover amounted to 77.31 million RON (21.29 million EUR), down by 29.5% from the 109.76 million RON reported for 2005. The company"s main business is to trade fuel, minerals and chemicals. The company has a share capital of 6.13 million RON and is traded on the Bucharest Stock Exchange as PEI.
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