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Alchevsk Coke will not pay dividend for 2007

Alchevsk Coke will not pay dividend for 2007

25 November 2008

Alchevsk Coke (ALKZ) shareholders decided at their EGM last Friday not to proceed with a dividend payout for 2007; profits were directed into the company’s development (95%) and reserve fund (5%). The company finished 2007 with net income of USD 45.5 mln and revenues of USD 664.5 mln.

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