General meeting of the shareholders of JSC Primorsk Shipping Corporation (PRISCO) held on April 17, decided not to pay dividends for 2008 and to use the entire net profit gained in 2008 for the company development, the company states.
Financial results of 2008 including net profit will be revealed after the minutes of the annual meeting are signed.
The profit gained in 2007 was used for the company development as well.
JSC Primorsk Shipping Corporation specializes in marine transportation of bulk liquid cargoes all around the world. The company’s authorized capital totals RUR 796.392 mln divided into 796.392 mln ordinary shares with nominal value of RUR 1 each. Aleksandr Kirilichev, Chairman of PRISCO BOD, controls some 75% of the company’s shares.
Financial results of 2008 including net profit will be revealed after the minutes of the annual meeting are signed.
The profit gained in 2007 was used for the company development as well.
JSC Primorsk Shipping Corporation specializes in marine transportation of bulk liquid cargoes all around the world. The company’s authorized capital totals RUR 796.392 mln divided into 796.392 mln ordinary shares with nominal value of RUR 1 each. Aleksandr Kirilichev, Chairman of PRISCO BOD, controls some 75% of the company’s shares.