"Pipe Metallurgic Company" can regularly pay again dividends

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The Russian producer of pipes of "Pipe Metallurgic Company" submitted the financial report in 1 half-year 2019. The revenue of companies decreased by 2,4% of g/g to $2,56 billion because of realization reduction as seamless pipes for 1,7% of g/g to 1375 thousand tons, and welded pipes for 4,2% of g/g to 634 thousand tons. Company notes that decrease in an indicator of revenue is connected with the American and European divisions because of reduction boring activity and economic factors. At the same time decrease in an indicator is partially compensated by increase in demand for pipe production in the Russian market for 1% of g/g...

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