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Provider: Reuters Investment Profile
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United International Enterprises Ltd Announces Payment of Interim Dividend and Proposes FY 2012 Dividend; Company Issues FY 2013 Net Profit Guidance In Line With Analysts' Estimates


Thursday, 28 Feb 2013 05:03am EST 

United International Enterprises Ltd announced that in recognition of the gain arising from the sale of the AAK shares, a special interim dividend of USD 6.00 per share was paid on December 14, 2012. In addition, the Board has now resolved to recommend a final dividend of USD 2.00 per share to be paid in June 2013. In addition, the Company announced that it expects that the net profit for 2013 will not attain the level of the result (after excluding the extraordinary profit) achieved in 2012. For the fiscal year 2012, the Company reported net profit excluding extraordinary profit of USD 73.6 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report net income of USD 47 million for the fiscal year 2013. 

Company Quote

1039.0
10.0 +0.97%
9:21am EDT