Koltsovo Airport refused from 2015-dividends - RUSSIAN AVIATION

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Koltsovo Airport refused from 2015-dividends

Russian Aviaton » Wednesday July 6, 2016 18:12 MSK

June 28 at the Koltsovo International Airport annual meeting the holders decided to pass the 2015-dividends and to retain the profit, the company informed.

The annual report and internal documents were affirmed.
The new BOD members were elected. Ernst & Young was approved as an auditor.

Koltsovo International Airport (TIN 6608000446) is one of the largest airports in Russia. It is included into Regional Airport Holding. Renova Group is a strategic investor. Koltsovo Airport works in cooperation with 50 Russian and foreign aviation companies.

The IQ 2016 passenger turnover increased 4.9% to 778ths passengers prior year period.

The IQ 2016 net profit moved down (RAS) 10.07 fold to 26.472mln rub. from 266.506mln rub.; revenues rose 4.53% to 929.203mln rub. from 888.953bn.

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