Pipe Metallurgic Company paid up 89.38% (1.257bn rub.) out of the total IH 2012 dividends, the company informed.
The remained portion was uncovered due to the lack of proper information. 1.406bn rub. were transferred for the payment, all in all.
The Plant (TIN 7710373095) is the largest maker of pipes in Russia. Its entities cover 44% of the native market including 60% of the pipes for the oil/gas complex. The delivery was increased 5% to come to 3.227mln ton from 3.088mln ton.
The major beneficiary is D.Pumpyansky; free float coming to 23%. The share capital is worth 8.73bn rub. split in 873001000 common stocks of 10 rub. par. One GDR is equal to 4 common stocks.
The 9-month 2012 net profit (RAS) dropped 10.7% to 6.8bn rub. from 7.561bn rub. prior year period; revenues added 8.19% to come to 778.117mln rub. from 719.232mln rub.; losses from sales - 8.26 fold to 333.457mln rub. from 40.383mln rub.; pretax profit - 0.56% to 7.549bn rub. from 7.507mln rub.
The 9-month net profit (IAS) moved down 10.39% to $250mln from $279mln rub. prior year.
The revenues lost 1.84% to come to $5.056bn from $5.151bn; pretax profit - 11.81% to $351mln from $398mln; EBITDA - 2.06% to $810mln from $827mln, EBITDA margin remained at 16%. EMDAD is an official dealer of TMK.