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04.06.2014 Koks shareholders decide against paying 2013 dividends


The annual meeting of shareholders of Koks (Kemerovo) decided not to distribute profit and not to pay dividends for 2013.

As reported earlier, the decision had been recommended by the corporate board of directors.

Part of the undistributed profit is intended for remunerating the board members and for covering up 2013 losses (amounting to 2.590 bn roubles against 0.611 bn roubles of profit in 2012).


Source:   metcoal.ru