The total amount to be paid out as dividend is 14.4 mln leva (7.362 mln euros), and the rest of the profit, or 9 627 623 leva (4.922 mln euros) will remain as undistributed profit. The company's 2006 profit stands at a little over 24 mln leva (12.2 mln euros).
Principal shareholders are Barek Overseas Limited, controlling 50.71% of the capital and Glassinvest with 46.91%.
Ex-dividend date is 11 July, 2007.
Drujba Glass Factory is planning to enhance production capacity in Plovdiv factory till the end of the year, with the installation of a new furnace and a new production line for glass packaging.
The company is expecting to reach a capacity of 100 mln bottles a year. The new modern technology furnace will function in compliance with environmental sustainability standards.
Just 6 shares of Drujba Glass Factory changed hands today at an average of 88.01 leva, the market capitalization of the company currently stands at 588.75 mln leva (301.023 mln euros).