UAC board of directors recommends zero dividends for 2021

MOSCOW, Jun 8 (PRIME) -- The board of directors of Russia’s United Aircraft Corporation (UAC) has recommended paying no dividends for 2021 as the company received a net loss in the year, as seen by PRIME in materials of the company on Wednesday.

The net loss of UAC narrowed almost 88.9% to 19 billion rubles in the period, as calculated under International Financial Reporting Standards (IFRS).

(60.9565 rubles – U.S. $1)

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