SIF Moldova pays 21.5% higher dividends

SIF Moldova in 2004 registered net profit standing at 458.7 billion ROL, a result that will see the company’s shareholders get a gross dividend of 600 ROL/share, 21.5% higher than in 2003, according to the company’s preliminary data sent to Bucharest Stock Exchange. Projections for the previous year in relation to the gross dividend pointed to a level of 555 ROL/share. SIF Moldova in 2003 reported net profit worth 392.1 billion ROL and granted its shareholders a gross dividend standing at 494 ROL/share. In the previous year, the company’s operating revenues totalled 750.85 billion ROL, while its expenditures amounted to 218.6 billion ROL. The company has a share capital of 519.1 billion ROL, while the net asset value reached 10,309 ROL at the end of 2004. ZF