Energoprojekt Entel's operations stable in 2012

Energoprojekt Entel, which specializes in providing engineering, planning and project management services, reported a business revenue of RSD 513.4 million last year, down 4.5 percent from the year before.

The company's business profit was at RSD 13.7 million (down by 63.4%), whereas increased financial revenues caused the final result to reach RSD 191.9 million, up 7 percent from 2011.

Energoprojekt Holding holds a 86.3-percent stake in EP Entel, which is among the few members of the system that pay a cash dividend to its shareholders.

Last year the company paid a gross dividend of RSD 394 per share.

EP Entel shares are occasionally traded on the Belgrade Stock Exchange. With the latest share price, the company's market cap is at RSD 1.27 billion (EUR 11.4 million).