Yasynivsky Coke Shareholders Approve 2007 Targets
30 July 2008
At Saturday’s AGM, shareholders of Yasynivsky Coke (YASK: BUY) approved 2006 financial results and set targets for 2007. This year, the company is planning to raise net income to USD 20.5 mln (+28.8% yoy). Shareholders voted not to pay out dividends and to invest about USD 22 mln into development in 2007. The company’s targets are above our forecasts for net income by 1.5% and CapEx by 33%.
