Milkiland will reinvest 2011 profits
2012-07-03 12:56:49
At the latest general shareholders meeting held in June 2012, the shareholders of the company voted to reinvest 2011 profits in the company’s development, skipping yet another dividend payout. Milkiland, being of the largest dairy producers in Urkaine has set the strategy of active growth for 2012.
AgroInvest comment: such move is not new for the company as 2010 profits were also voted to be reinvested in the company, which led to relatively successful performance over the year.
For more detail please refer to the UAIndex Daily (July 3 issue).
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