CFO says Rusagro plans to restart dividend payments

MOSCOW, Mar 6 (PRIME) -- Russian agricultural holding Rusagro plans to restart dividend payments, CFO Alexander Tarasov said at a conference call on Monday.

"As soon as we advance and decide on redomiciliation, we will form our position on dividends. But it is our strategic goal in general, of course, to restart dividend payments," Tarasov said.

The company did not pay dividends for 2021 and did not announce plans to pay the dividends for the last year. The net profit of the company slid by 84% in 2022 to 6.8 billion rubles, as calculated under International Financial Reporting Standards (IFRS).

(75.4592 rubles – U.S. $1)

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