At their meeting on August 19, the shareholders of OJSC YATEC made a decision to pay RUB 205.076 thousand as the dividends for H1 2013 at the rate of RUB 0.248 per share of common share, YATEC reported.
JSC YATEC (Yakutsk Fuel and Energy Company, tax number: 1435032049) is the only enterprise supplying gas to the central part of the Sakha Republic (Yakutia). YATEC accounts for about 65% of the natural gas extraction volume in the Republic's territory and satisfies 90% of Yakutsk's gas demands. Its annual gas extraction volume is 1.6 billion cubic meters of gas and 80 thousand tonnes of gas condensate.
RAS net profit of JSC YATEC for 2012 was RUB 770.232 million against a loss of RUB 159.411 million the year before. Revenue grew by 28.03% to RUB 4.735 billion from RUB 3.698 billion, sales profit by 36.1% to RUB 1.415 billion from RUB 1.04 billion, pre-tax profit increased 18.81 times to RUB 1.094 billion from RUB 58.17 million.