Last Year's Profit at "Lenz" Becomes Retained Earnings, Italian Owners' Practice Continues

Last Year's Profit at "Lenz" Becomes Retained Earnings, Italian Owners' Practice Continues
The "3. maj" shipyard, owned by the Italian group Sermimag, is facing the continuation of its owners' practice, whereby last year's profit is not distributed but becomes retained earnings. This pract...

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