4 June 1998: Polish glassmaker, Krosno SA, said in a statement that it planned to earmark Zl 1.2 million from last year“s net profit for a Zl 0.35-per-share dividend.
The statement said Krosno“s ge…
4 June 1998: Polish glassmaker, Krosno SA, said in a statement that it planned to earmark Zl 1.2 million from last year“s net profit for a Zl 0.35-per-share dividend. The statement said Krosno“s general shareholders meeting will vote on the dividend on 5 June. Meanwhile, the company reported results for the financial year ending 31 December 1997. Operating profit for 1997 was Zl 13,442.2 thousand vs Zl 17,188.8 thousand a year earlier. Pre-tax profit for 1997 was Zl 12,641.5 thousand vs Zl 16,341.5 thousand. Net profit was Zl 8,876.5 thousand vs Zl 10,991.8 thousand. Net sales were Zl 205,324.3 thousand vs Zl 192,729.9 thousand a year earlier, while costs of sales was Zl 148,381.3 thousand vs Zl 134,730.1 thousand.