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Krka to Pay Out Dividends of SIT 700 a Share

Novo Mesto, 19 June - Shareholders of the pharmaceutical company Krka decided on Tuesday to allocate half of last year's profits of SIT 7.11 billion (32.7 million euros) to company's reserves, while the other half is to remain undistributed. SIT 3.443 billion (15.8 million euros) of revaluated profits from 1999 will be paid out in dividends, SIT 700 (3.22 euro) a share, said Krka. Last year's dividend will thus be 27 percent higher than that from 1998.

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