At the Polyarny Quartz special meeting Mar. 18 which will be conducted in the absentee form the 2012-auditor should be affirmed, the company informed.
The Company (TIN 8613005468) is a producer of pure quartz concentrate. It was formed on the basis of the quartz deposit in the Polar Urals in 2000. In 2003 it was restructured into an open joint stock company. The entities are located in Saranapul Berezovsky reg. (Khanty Mansiysk) and Nyagan. The Company develops Neroiskoe field and several others.
The IH 2011 net losses (RAS) dropped 2.5 fold to 27.432mln rub. from 71.168mln rub. prior year; revenues tripled to 7.223mln rub. from 2.325mln rub.; gross profit - 4.3 fold to 5.479mln rub. from 1.253mln rub.; profit from sales - 4.3 fold to 5.479mln rub. from 1.253mln rub.; pretax losses declined 2.5 fold to 27.432mln rub. from 71.168mln rub