Uralburmash BOD recommended the holders to approve the non-payment of the 2013-dividends at the annual meeting Apr. 24, the company informed.
The annual net losses in the volume of 69.043mln rub. can be covered by the retained profit.
The Company (TIN 6646000133) is a producer of the drilling equipment.
The assortment includes above 200 types of products. It is included into VBM Group. The share capital is equal to 124.5mln rub. split in 83018 stocks of 1.5ths rub.
The 9-month net losses (RAS) reached 41.283mln rub. vs. 51.553mln rub. in profit; revenues being down 22.55% to 500.084mln rub. from 645.656mln rub.; profit from sales - 3.52 fold to 36.211mln rub. from 127.49mln rub.; pretax losses coming to 43.016mln rub. vs. 52.707mln rub. in profit.