Ukrtelecom not to pay dividends for 2017, to channel profit into covering outstanding losses

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PJSC Ukrtelecom whose 92.79 percent stake belongs to LLC ESU, which is controlled by Rinat Akhmetov’s System Capital Management (SCM), will not pay dividends for 2017. “It was decided that the profit the company generated last year will be used to cover losses accumulated over previous periods,” Ukrtelecom’s press service told Interfax-Ukraine. In addition, shareholders […]
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