Malita Investments plc – Approval of Financial Statements & Dividend Proposal

March 6, 2018
|In Company Announcements
|By Jesmond Mizzi Financial Advisors

Malita Investments plc announced that profit for the year has more than doubled between 2016 and 2017, from €6.42 million to €12.98 million.

This increase was largely due to a positive change in fair value of investment property of €16.69 million, which figure stood at €3.02 million in the previous year.

As a result, earnings per share also doubled from €0.0434 in 2016, to €0.0877 in 2017. 

Subject to approval at the AGM, a net dividend of €0.01853 per share shall be paid on May 4, 2018, to all shareholders on the register as at March 28, 2018.

 

To view the official announcement, click here.