MVM Plc. will pay an interim dividend of HUF 131.5 billion to its sole shareholder by November 30, according to an announcement by MVM Energetika Plc. published on the Budapest Stock Exchange website.
According to the announcement, MVM Plc. decided on the payment in view of its first-half performance and stable financial position.
Based on the MVM Group's interim consolidated financial statements published in mid-September in accordance with IFRS accounting rules, the group achieved a profit after tax of HUF 221.886 billion in the first half of the year.
The MVM Group is the second largest corporate group in Hungary and the fourth largest in Central Europe. The innovative energy group, which is 100% state-owned and increasingly influential at the regional level, contributes significantly to the security of supply in Hungary and Central and Eastern Europe. Its activities cover virtually everything related to energy: it produces, stores, trades, distributes, provides services, designs, builds, transports and incubates, according to the BSE website.












