Shareholders of three mining and processing works belonging to Metinvest intend to spend the combined amount of 4.86 billion UAH to pay dividends for 2017.
The corresponding decisions are included in the agenda of the shareholder meetings scheduled for May 18.
In particular, Severniy Mining and Processing Works plans to spend 2.16 billion UAH of its 7.79 billion UAH of net profit for 2017 on dividends, and not distribute the rest.
Central GOK will spend 1.35 billion UAH of its 2017 net profit of 2.71 billion UAH on dividends, and not distribute the rest.
And Ingulets GOK wants to spend 1.35 billion UAH on dividends out of its 5.71 billion UAH of net profit for 2017. The rest will not be distributed. (Ukrainian metal)