Baku 12° C
Holcim Azerbaijan’s shareholders won’t receive dividends this year either
Finance
- 24 April, 2019
- 10:53
Add Report.az to preferred Google sources
Stay up to date with the top news!
Holcim Azerbaijan OJSC has today held an annual general meeting of the shareholders, Report informs.
It was noted at the meeting that the company ended 2018 on AZN 8 million in net profit.
However, the shareholders will not receive dividends this year either. Because the profit will be directed to elimination of damages of 2015 devaluation, in other words, increase of the company's capital.
Holcim Azerbaijan OJSC was established in 2000 and is the largest cement producer in the country. The authorized capital is AZN 31,812,880. 86% of shares is owned by Swiss Lafarge Holcim and Holcim Auslandbeteiligungs GmbH., 14% by individuals.
Author
“Holcim Azerbaijan”ın səhmdarları bu il də dividend almayacaqlar
Владельцы акций Holcim Azerbaijan и в этом году не получат дивиденды
Latest News
18:19
Video of Azerbaijani president's participation in COP31 posted on his social media accounts
Foreign policy
18:05
Berdimuhamedov: Central Asian Climate Technology Center in Ashgabat to begin operations in early 2027
Region
17:57
Erdoğan and Pashinyan hold meeting on sidelines of COP31 Summit in Türkiye
Region
17:52
Turkmenistan modernizing energy infrastructure to cut methane emissions
Other countries
17:44
OPEC: Oil exports via BTC pipeline fell by 1% in September
Energy
17:34
Photo
Video
President Ilham Aliyev and First Lady Mehriban Aliyeva attend COP31 Leaders' Summit - Updated
Foreign policy
17:31
Azerbaijan in October fell 104,000 bpd short of its OPEC+ quota
Energy
17:19
Protesters in Bulgaria's Varna pelt European Commission President's motorcade with fruit, eggs
Other countries
17:12
Tractor hits landmine in Khojavand district, one injured – Updated-2
Incident