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CHMK won't pay dividends.

At the Cheliabinsky Metallurgic Plant (CHMK) annual meeting June 19 the holders decided to pass the 2013-dividends due to 11.098bn rub. in losses, the company informed.

ENERGY CONSULTING/Audit was affirmed as an auditor.
CHMK (TIN 7450001007) is included into Mechel Group. The share capital is equal to 3.16bn rub. split in 3161965 common stocks of 1 rub. par each.

The 9-month net losses (RAS) gained 7.719bn rub. vs. 115.321mln rub. in profit; revenues being down 6.17% to 62.272bn rub. from 71.748bn rub.; profit from sales - 6.32 fold to 391.522mln rub. from 2.476bn rub.; pretax losses coming to 7.679bn rub. vs. 168.637mln rub. in profit.

The IQ 2014 net losses rallied up (RAS) 97.2% to 2.993bn rub. from 1.518bn rub.; revenues climbed down 6.89% to 19.366bn rub. from 20.8bn rub.; profit from sales coming to 437.28mln rub. vs. 524.764mln rub. in losses; pretax profit increased 82.34% to 2.881bn rub. from 1.58bn rub.

"AK&M", 10:20, 24.06.2014 1251 AKM,COR


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