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Croatia: INA Supervisory Board approves revised financial statements for 2024, allocates €120 million for dividends

The Supervisory Board of Croatian oil company INA has approved the revised financial statements for 2024, along with the independent auditor’s report. The Board also reviewed and raised no objections to the annual report on the status of the company and INA Group for the 2024 business year.

In the same session, the Supervisory Board approved the Management Board’s proposal for distributing INA’s available net profit for 2024, totaling approximately €156 million. A portion of the profit, €7.8 million, will be allocated to legal reserves. A significant €120 million will be distributed as dividends to shareholders, amounting to €12 per share. The remaining €28.2 million will be retained as undistributed profit. Last year, INA paid a higher dividend of €24 per share.

For 2024, INA Group recorded a net profit of €182.1 million, a 27% decrease compared to the previous year. Net sales revenue reached €3.88 billion, reflecting a slight 1% decline from 2023.

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