Grand Harbour Marina has announced a gross interim dividend of €0.05 per share, amounting to a total of €1 million.
The company made the announcement through a market update posted to the Malta tock Exchange on Tuesday (yesterday).
The dividend will be paid on 30th October 2024 to all shareholders registered as at close of business on 23rd October.
The Board of Directors’ resolution to pay the dividend follows the publication of Grand Harbour Marina’s interim report, where it reported €2.1 million in revenue, with an increase in pontoon annual and visitors making up for a fall in superyacht annual and visitors.
Both EBITDA and profit before tax increased to reach €900,000 and €400,000, respectively.
The results include the income from Grand Harbour Marina’s beneficial interest of 45 per cent in IC Cesme Marina Yatirim, a marina in Izmir, Türkiye.
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Robert Fenech
Robert is curious about the connections that make the world work, and takes a particular interest in the confluence of economy, environment and justice. He can also be found moonlighting as a butler for his big black cat.
