On 17 June 2021, Sea Port of Saint-Petersburg JSC (SP SPb) held the Annual General Meeting of Shareholders in the form of absentee voting where the 2020 Annual Report of the Company, the 2020 financial statements and the restated Charter of the Company were approved.
In 2020, net profit of SP SPb rose by 43%, year-on-year, to RUB 1.196 billion, net profit margin rose by 8 p.p. – to 25%. Cash flow from operations totaled RUB 1.429 billion which is 23% more than in the previous year.
SP SPb shareholders approved the dividend distribution in the amount of RUB 505 (not taking into consideration the dividends distribution based on the results of the first six month of 2020 in the amount of RUB 1,483 per ordinary share).
The shareholders elected the Board of Directors of SP SPb including Aleksey Smolyansky, Yekaterina Burtseva, Andrei Zubarev, Igor Fedorov and Aleksandr Shcherbinin.
The Audit Committee includes Anna Kokoulina, Kseniya Naumova, Margarita Prokopenko, Natalya Khakhaleva and Alla Yeritsan.
Gruppa Finansy LLC was approved as the Auditor for 2021.
All publications on the AGMS results are available here.
