In 2012 the income of JSC Kubanenergosbyt amounted to RUB 803.5 million

TNS energo Group of Companies Source: JSC Kubanenergosbyt Press Service 27 may 2013
The annual General Meeting of Shareholders of JSC Kubanskaya sbytovaya was held at the end of last month. At the meeting the results of the company’s activities for 2012 were announced.
In line with the agenda the shareholders reviewed and approved the annual report and annual accounts for the 2012 financial year.

In the reporting period, income amounted to RUB 803.5 million. Dividends paid for the first quarter of 2012 amounted to RUB 500.2 million. RUB 85.9 million were paid for the development of production while RUB 177.4 million were paid to cover investments.

In addition, following the announcement of the results at the meeting, the Board of Directors of JSC Kubanenergosbyt was elected and approved by the Audit Commission.

The Audit and Advisory Group selected Vash Sovetnik as the Company’s auditor.