The Ukrainian Metal

Russia: Polyus to pay 17 billion rubles of dividends for H1 2018

The board of directors of the gold-extracting company Poluys has recommended the extraordinary general meeting of the shareholders to pay dividends for January-June in the amount of 131.11 rubles per ordinary share.

The total amount of dividends to be paid reached 17.35 billion rubles ($253.2 million), or 30% of the EBITDA.

In H1 the company net profit decreased by 38% YoY, to 21.63 billion rubles, while revenue grew by 9%, to 78.29 billion rubles. (Ukrainian metal)

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