MOL shareholders approve dividend

Telco

Photo by Northfoto / Shutterstock.com

Shareholders of Hungarian oil and gas company MOL approved a proposal to pay a HUF 142.5 per-share dividend on last yearʼs earnings at an annual general meeting Thursday. The dividend fund comes to HUF 107.2 bln, state news agency MTI reported.

MOL had unconsolidated after-tax profit of HUF 301.4 bln on total assets of HUF 2.9728 trillion, according to the audited annual report approved by shareholders on Thursday.

The AGM also approved the groupʼs consolidated 2018 annual report, with after-tax profit of HUF 305.6 bln and total assets of HUF 4.6115 tln, MTI added.

MET Group Records 2nd Most Profitable Year in 2023 Energy Trade

MET Group Records 2nd Most Profitable Year in 2023

Gov't Considering Fuel Price Intervention Government

Gov't Considering Fuel Price Intervention

Nat'l Economy Minister Presses for Incentives to Boost E-Mob... Automotive

Nat'l Economy Minister Presses for Incentives to Boost E-Mob...

Time Out Market to Open in Budapest Next Year Food

Time Out Market to Open in Budapest Next Year

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.