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13
September
2021

Interpipe declares $230 mln in dividends in H1 2021

KYIV. Sept 13 (Interfax-Ukraine) – The international vertically integrated pipe and wheel company Interpipe declared dividends in the amount of $230 million in January-June of this year, according to the company’s interim report on Monday.

According to it, for the specified period, dividends were paid in the amount of $190 million. There is no information on the timing of the payment of the remaining $40 million in the document.

In the first half of 2020, no dividends were declared or paid.

Interpipe also reported that in January-June 2021 it attracted $300 million from borrowings, at the same time it paid $6.47 million, while in January-June 2020 there were no borrowings, and payments on previously attracted debts amounted to $121 million.