APATIT Ready to Pay Dividends
OREANDA-NEWS On 09 October was announced, that At the special meeting of Apatit holder decided to pay the 2009 dividends only on preferred stocks at RUR 390/pcs.
The capital investments are fixed at RUR 5.286bln.
Apatit provides the development of the apatite-nepheline ore in Khibinskoe field. .
The share capital is worth 2.079mln rub. split in 6237052 common and 2079016 A-preferred stocks of 0.25 rub. par.
FosAgro has 60.9786% (54.9842% common stocks).
The IH net profit (RAS) rose 15.7% to 4.271bn rub. from 3.693bn rub. prior year; revenues declined 6.6% to 12.312bn rub. from 13.18bn rub. last year; revenues from sales moved down 4% to 11.73bn rub. from 12.234bn rub.; gross profit declined 33% to 4.128bn rub. from 6.169bn rub.; profit from sales - 49% to 2.56bn rub. from 5.003bn rub.; pretax profit - 2.3 fold to 2.072bn rub. from 4.866bn rub.
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