Published: 2016-05-06 08:43:35 CEST
Olainfarm
Decisions of general meeting

Proposal of the Management Board of JSC Olainfarm regarding distribution of profit of 2015

Olaine, 2016-05-06 08:43 CEST -- The amount of net profit made by JSC Olainfarm in 2015 is 14 566 000,00  (fourteen million five hundred and sixty six thousand) euros.

Management Board of JSC Olainfarm proposes to use part of the year 2015 profit of JSC “Olainfarm” in amount of 2 549 399,12 euro to pay dividends to shareholders of JSC „Olainfarm” (ISIN code of the shares LV0000100501) paying 0,181 euro per one share, but part of the profit in amount of 12 016 600,88 to retain by the company and reinvest into further development of JSC Olainfarm.

 

Management Board of JSC Olainfarm

 

JSC Olainfarm is one of the biggest pharmaceutical companies in Latvia with more than 40 years of experience in production of medication and chemical and pharmaceutical products. A basic principle of company's operations is to produce reliable and effective top quality products for Latvia and the rest of the world. Products made by the Group are being exported to more than 35 countries of the world, including the Baltics, Russia, other CIS, Europe, Asia, North America and Australia.

 

         Information prepared by:
         
         Salvis Lapins
         JSC Olainfarm
         Member of the Management Board
         Rupnicu iela 5, Olaine, Latvia, LV 2114
         Phone: +371 6 7013 717
         Fax: +371 6 7013 777
         E-mail: Salvis.Lapins@olainfarm.lv