BIP Investment Partners S.A. Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2012; Proposes Dividend for the Financial Year 2012
BIP Investment Partners S.A. reported audited consolidated earnings results for the year ended December 31, 2012. For the period, the company's dividends and other income on available-for-sale financial assets was EUR 8,401,916 compared to EUR 8,263,896 a year ago. Net result on disposal of available-for-sale financial assets was EUR 8,564,407 compared to EUR 15,911,653 a year ago. Los from ordinary activities, before tax was EUR 4,846,273 compared to EUR 743,991 a year ago. Profit was EUR 1,590,121 or EUR 0.36 per diluted share compared to loss of EUR 4,995,409 or EUR 1.09 per diluted share a year ago.
The company announced that the board of directors of the company will propose to the General Meeting of Shareholders to be held on May 10, 2013 to pay a dividend of EUR 2.40 per share for the financial year 2012. The company has paid a dividend of EUR 2.00 per share for the same period last year.