Day online – Economy: Shareholders' meeting on August 20th

& # 268 Members of the Board of Directors 39; Electricity Administration decided to decide on the purchase of their own shares and the selection of the auditor, as well as the decision on the convening of the ordinary general meeting of the August 20, during which the proposed decisions will be made and the board of directors will be elected.
The EPCG announced that the board had also established proposals for the resolution of losses of $ 157 million the previous year, as well as the decision on the distribution of cumulative earnings of $ 52 million and the payment of dividends. EPCG did not specify yesterday how much of the $ 52 million will be paid to shareholders.
– Operating income from the previous year amounted to 234.35 million euros and increased by 0.85% over the previous year. Earnings before interest, taxes, depreciation and amortization (EBITDA) of 23 million euros realized last year was 65.07% lower than in 2016, while earnings before interest and taxes (EBIT) were Student at 15.75% million euros less than 243.42% compared to the same period last year. Recipes from Elektroprivreda Crne Gore (EPCG) the previous year rose to 234.35 million euros, and they are 0.85% higher than the previous – it was announced by the company.
The EPCG Board of Directors yesterday determined the company's decisions on the company's operations and consolidated financial statements as of December 31st.
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