JSC Mikhailovsky GOK reduced its equity position in Baikal Mining Company to 40.14% from 100%, Mikhailovsky GOK informed.
This reduction was accounted for by a contribution to the authorized capital of BMC and the accession of METALLOINVEST HOLDING (CYPRUS) LIMITED to the company's shareholding structure.
JSC Mikhailovsky GOK (mining and processing plant, tax number: 4633001577) is part of Metalloinvest holding.
According to the information and retrieval system DataCapital, RAS net profit of Mikhailovsky GOK for January-September 2013 grew by 13.17% to RUB 19.141 billion from RUB 16.914 billion the year before. Revenue decreased by 5.84% to RUB 42.084 billion from RUB 44.694 billion, sales profit by 10.82% to RUB 19.269 billion from RUB 21.606 billion, pre-tax profit increased by 12.56% to RUB 23.822 billion from RUB 21.163 billion.
AK&M "M&A Market"
"AK&M", 03.12.2013 10:35