27 Apr 2016 09:37

Chelyabinsk Zinc might channel 2015 profit into investment

CHELYABINSK. April 27 (Interfax) - The board of directors of Chelyabinsk Zinc Plant has recommended that shareholders vote at their annual meeting on June 28 to waive dividends for 2015, the company said.

The company is proposing to use its net profit of 2.336 billion rubles to finance investment. A similar decision was approved by company shareholders at the annual meeting last year.