Uchalinsky GOK BOD proposed the holders to approve the non-payment of the 2013-dividends at the annual meeting set for June 11, the company informed.
The Company (TIN 0270007455) is included into UGMK. It is based upon the Uchalinskoe, Molodezhnoe, Uzelginskoe fields keeping copper and zinc concentrate.
The 2013 net profit (RAS) rallied down 2.25 fold to 571.715mln rub. from 1.284bn rub. prior year; revenues declined 5.2% to 18.357bn rub. from 19.364bn rub.; profit from sales - 48.4% to 1.177bn rub. from 2.281bn rub.; pretax profit being halved to 793.794mln rub. from 1.73bn rub.