The Annual General Meeting of Shareholders of OJSC "UZKhR" was held.

Shareholders approved the Company's annual report for 2011, the annual accounting statements (including the profit and loss statement), the composition of the Board of Directors and the Audit Commission. Decisions were made regarding the distribution of profits from the previous year and the payment of dividends, and the company's auditor for 2012 was approved.

According to the annual report of OJSC "UZKhR" for 2011, during the reporting period, the enterprise's sales of finished products amounted to 834.6 tons, totaling 165.6 million rubles excluding VAT, which is 12.8% higher than the figures for 2010. Revenue from product sales increased by 10.3%, and for chemical reagents and main production services, the growth was 10.8% (up to 182.2 million rubles). Based on the results of 2011, the enterprise earned a profit of 27.8 million rubles.

During the General Meeting of Shareholders, in accordance with the recommendations of the Board of Directors of OJSC "UZKhR," it was decided not to distribute the profits received and not to pay dividends on shares. These funds will be directed toward production development to enhance the enterprise's competitiveness in the market.