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05/06/2014
16:42
Sinarsky Pipe Plant approved dividends.

At the Sinarsky Pipe Plant annual meeting May 29 the holders approved the 2013-dividends in the total volume of 1.385bn rub. (220 rub./pcs), the company informed.

Ernst & Young was affirmed as an auditor. The loan contracts with Pipe Metallurgic Company (10bn rub.) and guarantee contract with Sberbank in favor of Volzhsky Pipe Plant (6bn rub.) were approved.

STZ (TIN 6612000551) is included into Pipe Metallurgic Company (TMK) as pipes producer. The products are delivered to the oil/gas companies, engineering plants, energos, building entities.

The IQ 2014 net profit rocketed down (RAS) 150.43 fold to 2.414mln rub. from 363.137mln rub.; revenues increased 36.54% to 9.592bn rub. from 7.025bn rub.; profit from sales being down 3.4 fold to 201.805mln rub. from 686.518mln rub.; pretax profit - 21.75 fold to 22.105mln rub. from 480.756mln rub.



"AK&M", 10:53, 05.06.2014 1251 AKM,COR

 

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