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News ServiceForexMarket AnalysisProducts and Services
26/06/2014
16:31
Promtractor decided to pass dividends.

At the Promtractor annual meeting June 19 the holders approved the non-payment of the dividends, the company informed.

945.347mln rub. of the net losses are assumed to be covered out of the future profit. The new BOD members were elected. FinExpertiza was affirmed as an auditor.

Promtractor (TIN 2126003074) is a leading producer of heavy industrial tractors. It keeps own servicing centers and leasing company.

The share capital is equal to 96.497mln rub. split in 723726 common and 241242 preferred stocks of 100 rub. par. The Plant is included into Tractor Plants Concern.

The 9-month 2013 net losses moved up (RAS) 20.6 fold to 627.189mln rub. from 39.458mln rub. prior year period; revenues being down - 29.13% to 3.284bn rub. from 4.634bn rub.; profit from taxes - 3.38 fold to 259.676mln rub. from 876.643mln rub.; pretax profit increased 18.17 fold to 763.576mln rub. from 40.804mln rub.



"AK&M", 14:23, 26.06.2014 1251 AKM,COR

 

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