April 10, 2019 / 4:21 PM / 5 months ago

BRIEF-Edisun Power Europe FY EBITDA Rises 47% To CHF 10.22 Mln

April 10 (Reuters) - Edisun Power Europe AG:

* FY NET PROFIT RISES 96% TO CHF 3.04 MILLION

* PROPOSAL TO INCREASE DIVIDEND FROM CAPITAL CONTRIBUTION RESERVES BY 67% TO CHF 1.00 PER SHARE

* PLANNED PLANT IN PORTUGAL WILL NOT GENERATE ANY INCOME IN CURRENT YEAR

* TAX BURDEN WILL RISE AGAIN AS LOSS CARRYFORWARDS ARE DEPLETED

* EXPECTING A NET RESULT OF ROUGHLY CHF 3.0 MILLION FOR CURRENT FINANCIAL YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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