Brief: Altus TFI: Management's Recommendation On FY Profit Distribution

Altus SA

01/03/2018 11:18

March 1 (Reuters) - ALTUS TOWARZYSTWO FUNDUSZY
INWESTYCYJNYCH SA  ALI.WA :
    * SAID ON WEDNESDAY THAT COMPANY'S MANAGEMENT WILL RECOMMEND
SPENDING 90% OF FY NET PROFIT ON DIVIDEND PAYMENT OR  REPURCHASE
OF COMPANY'S OWN SHARES
    * REMAINING 10% OF FY NET PROFIT SHALL BE MOVED TO RESERVE
CAPITAL
AND SPENT ON SOCIAL GOALS AS PER COMPANY'S STATUTE
    * COMPANY REPORTED FY NET PROFIT OF 100.7 MILLION ZLOTYS  

    
 Source texts for Eikon:  urn:newsml:reuters.com:*:nEM4yFBtja,  urn:newsml:reuters.com:*:nEM1ZhGQLa
    
 Further company coverage:  ALI.WA  
   


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