INA’s board of directors has proposed the company distribute HRK 622 million in dividends, a recommendation it will make at a forthcoming General Meeting of Shareholders scheduled for August 26. That amount is roughly the company’s entire profit from 2019.
The shareholders will be asked to adopt the report on INA’s operations last year, according to which, among other things, the company generated revenue of HRK 22.6 billion, with EBITDA of HRK 2.9 billion while investing HRK 2.1 billion. INA’s results were negatively affected by a nine percent drop in oil and gas prices and a 3 percent drop in oil and gas production.
