The decision on profit distribution of the previous year is taken exclusively by Grindeks’ Shareholders’ Meeting.
Bringing forward the draft decision on the Group profit distribution for the previous year, the Board takes into consideration the following factors:
- Product portfolio diversification indicators;
- Mildronate share in the total product portfolio.
In 2016, the Board of Grindeks considers that contributing to sustainable business development and competitiveness, the profit should be left undivided and it should be invested in the product portfolio diversification up to 20% share of the dominant product.