CEO: Transneft ready to pay 50% of net profit in divs for 2017 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

CEO: Transneft ready to pay 50% of net profit in divs for 2017

MOSCOW, May 7 (PRIME) -- Russian oil pipeline monopoly Transneft is ready to pay 50% of its International Financial Reporting Standards (IFRS) net profit in dividends for 2017 although it would be difficult, CEO Nikolai Tokarev told PRIME on Monday.

УIf 50(%) is necessary, we will consider the 50(%), but it will be hard for usЕ Our dividend policy envisages paying 25%, now the issue is being discussed by the government,Ф he said.

The companyТs IFRS net profit declined 17.7% to 191.8 billion rubles in 2017, it said in March.

(63.2012 rubles Ц U.S. $1)

End

07.05.2018 15:43
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 74.6816 -0.1335 21 feb
USD 65.8568 -0.3454 21 feb
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1194.40 +1.77 18:50 20 feb
micex 2487.82 +1.19 18:50 20 feb
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.43 +0.26 18:49 20 feb
lkoh 5445.00 +0.03 18:49 20 feb
rosn 402.90 -0.01 18:49 20 feb
sber 206.89 +2.38 18:49 20 feb
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 74.5350 -0.1100 14:59 20 feb
USDTD 65.7550 -0.4550 17:44 20 feb