HIT shareholders to be paid after return to profitability
At a general assembly on Monday the group's shareholders decided to use EUR 2.9m of the EUR 5.8m in last year's profit for reserves, while assigning the rest as distributable.
Of the other EUR 2.9m, EUR 1.8m will be paid out to the shareholders in dividends and EUR 1.1m retained as distributable profit for the future.
The management had proposed that dividend payout amount to EUR 670,000, but the state owners, which control the largest share, succeeded with a counter-proposal raising the figure.
"After the good results last year and in the first five months of this year, it was agreed that all shareholders are entitled to a dividend payout," said HIT chairman Dimitrij Piciga.
The Nova Gorica group saw revenues rise by 2% to EUR 156m in 2015, beating the profit target for the year by nearly three-fold.
It was the first healthy profit after breaking even for the first time in seven years a year earlier.
HIT saw an uptick in all segments of operations, especially gaming revenue, which stood at EUR 132m last year. "The encouraging thing is that revenue growth has persisted this year," Piciga said in March.
A decision was also taken by the shareholders today to include workers in profit distribution next year. A total of 10% of net profit will be assigned for staff bonuses.
The group had previously announced fresh hiring, after undertaking painful restructuring that saw headcount cut by around 25% during the crisis. At the end of last year, the group had 1,560 staff.