BRIEF-Empresas CMPC postpones provisional div. payment

lunes 12 de septiembre de 2016 08:46 GYT
 

Sept 12 (Reuters) - Empresas CMPC SA :

* Said on Friday that its management board has agreed not to pay a provisional dividend planned for Sept., as previously announced at its shareholder meeting in April

* Says H1 profits come mainly from fluctuations in the exchange rates of the currencies in which CMPC has a part of its assets and the impact that has on the provision of pre-paid taxes

* Says due to the volatile nature of it, the company is not able to predict its H2 performance

* On that basis, its management decided to postpone the provisional division payment and evaluate it again in Dec. 2016 or Jan. 2017 when its second provisional dividend payment is also due

Source text: bit.ly/2ckIqmB

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(Gdynia Newsroom)