4

Kyiv Roshen Sweet Factory quadruplicates profit in 2018

Mon, 25.02.2019 15:20



PJSC Kyiv Roshen Confectionary Factory, part of Ukraine's Roshen Confectionery Corporation, in 2018 posted UAH 11.1 million in net profit, which was four times up from 2017.

The company has decided to use 5% of profits to replenish its reserve capital, while 95% will be left undistributed, according to the company's announcement of its shareholders' meeting scheduled for March 26 and posted in the National Securities and Stock Market Commission's information disclosure system.

At the same time, Kyiv Roshen Confectionary Factory does not plan to pay dividends for 2018. In addition, the shareholders are expected to consider the increase in the company's charter capital by UAH 330 million ($12.2 million) to UAH 505.8 million ($18.7 million) through an additional non-public issue of 1.32 billion common unregistered shares with a face value of UAH 0.25 each.

Source: UNIAN

Leaving your comment, please remember that the content and tone of your messages can affect the feelings of people, directly or indirectly related to the news. Please, take respect and tolerance to your interlocutors even if your views are opposite.
Opinions expressed below do not reflect the opinions of SP "Ukraine in Arabic," they only reflect the views of the author.



Partner news

Loading...