The United Mining and Chemical Company has paid 321.848 million UAH of dividends for 2016 to the state budget.
This is the largest payment of the type to the state budget in all the company history.
This payment has been possible thanks to the increase of profit. If in 2015 UMCC received 630 million UAH of net profit, in 2016 it received 643 million UAH.
The dividends are an obligatory payment to the state budget and constitute 50% of the company profit.
The company also paid 203 million UAH of profit tax, 130.4 million UAH of soil use tax and 160.8 million UAH of other taxes to the state and local budgets. (Ukrainian metal)
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