Philip Morris CR - net profit for 2002 reached CZK 3.9bn

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Investiční bankovnictví KB

      The company published an invitation to AGM, where it presented its results for 2002. Net profit reached CZK 3.9bn, up from CZK 3.4bn in 2001. EPS represents CZK 1,448, which translates into attractive dividend of around CZK 1,230 after tax. Dividend yield is currently 12.6%.

       Philip Morris CR has again confirmed that it is one of the best-managed companies in the Czech Republic. AGM was called on 14 April with registration date 7 April. Historically, the registration date for dividend was the same as for the AGM. Therefore, investors have to buy shares on 2 April in order to receive the dividend.

      

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