Koks BOD decided to call the annual meeting June 3, the company informed.
The dividends can be passed due to losses. The retained profit is assumed to be used to cover the losses.
The interest-bearing deals with Tulachermet, KMAruda, Sberbank, Koks Mining, SMS Siemag Aktiengesellschaft, EABD, Rossia Bank should be approved.
Koks Group (TIN 4205001274) is one of the largest producers of metallurgic coke in Russia. It involves 3 divisions having 3mln ton/y in the output.
100% are held by B.Zubitsky. OAO Koks is a head entity involving different coal entities as well as non ferrous and ferrous metallurgic plants. The Group is working under the control of Industrial MC Metallurgic Holding (PMKH). The share capital is worth 33mln rub. split in 1650232 common stocks of 20 rub. par. 100% are held by B.Zubitsky.
The 2012 net profit (IAS) rallied up 62.17% to come to 1.997bn rub. from 1.227bn rub. prior year period; revenues dropped 17.78% to 45.704bn rub. from 55.589bn rub.; operating profit - 41.11% to 3.382bn rub. from 5.743bn rub.; EBITDA lost 26.27% to come to 6.107bn rub. from 8.283bn rub.; EBITDA margin came to 13% vs. 15% prior year.
The 2013 net losses (RAS) reached 2.59bn rub. vs. 611.449mln rub. in profit prior year. The revenues declined 14.2% to 20.127bn rub. from 23.457bn rub.; profit from sales - 22.88% to 1.392bn rub. from 1.805bn rub.; pretax losses coming to 2.63bn rub. vs. 874.771mln rub. in profit.