Turboatom will pay dividends for last year in late 2016 – early 2017

17:09, 10.10.2016 1 min read

PJSC 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.

As reported, 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 from 2014, to UAH 1.633 billion.

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.