Ukrainian Turboatom to pay dividends for last year soon

Ukrainian Turboatom to pay dividends for last year soonPJSC Turboatom (Kharkiv), in which 75.22% of the shares are owned by the state, will pay dividends over the past year in the period from December 15, 2016, to February 9, 2017.

The supervisory council of the company made the decision on October 6, 2016.

Turboatom shareholders on August 9, 2016, decided to pay 75% of net profit for 2015, or UAH 1.22 billion, in dividends.

In 2015 Turboatom saw net profit rise by 2.6 times to UAH 1.633 billion from 2014.

The shareholders established that payment of dividends is carried out through the depository system of Ukraine in the manner prescribed by the National Commission on Securities and the Stock Market.

Turboatom is the only Ukrainian producer of turbine equipment for hydro, thermal and nuclear power plants. The company supplies goods to 45 countries in Europe, Asia, America, and Africa.
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