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Egis shareholders approve payment dividend

Shareholders of Hungarian drug maker Egis, majority-owned by France's Servier, approved a proposal to pay a HUF 120-per-share dividend on profits of the business year ended September 30 at an annual general meeting.

Egis has paid a HUF 120-per-share dividend on profit for years.

The dividend on 2007/2008 profits adds up to HUF 934 million.

Egis had after-tax profit of HUF 14.3 billion in the 2007/2008 business year, according to Hungarian Accounting Standards. Payment of the dividend will bring retained earnings to HUF 13.3 billion. (MTI – Econews)