OREANDA-NEWS. Shvabe Holding enterprise Shvabe - Tech Lab JSC held an in-person meeting of the Board of Directors.

Several decisions were made as a result of the meeting, including decisions on the preliminary approval of the Company's annual statement and annual accounting statements for 2014, as well as the statement on profits and losses (profit and loss accounting), on the approval of the core budget and the enterprise development budget for 2015; approval of the distribution of net profit received by the plant following the results of 2014, and dividend payout.

In 2014 the growth of revenues from sales of products, works, and services of the enterprise amounted to 172.6%, the growth of net profit - 936.6%, of net margin - 542.7%, the increase of output per worker - 176.9%.