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Wika Gedung allocates Rp 133.28 billion of cash dividends

22 March 2019 12:23 PM  Company: PT. Wijaya Karya Bangunan Gedung Tbk[WEGE]
Rp. 304  +10 (3.4%)

JAKARTA - PT Wijaya Karya Bangunan Gedung (WEGE) allocated cash dividend of Rp 133.28 billion, 30% of its net profit (Rp 444.24 billion).

Abiprayadi Riyanto, Finance Director of PT Wika Bangunan Gedung Tbk (WEGE) stated that the increase in the company's profit came from the projects of government, State-Owned Enterprises and their subsidiaries, and private companies. "In 2018, the government portion increased by 267% from 2017, while the SOE portion also increased year on year," he said in Jakarta.

According to him, the company's market in government and SOE projects is going to increase. The largest contributor to the company's revenue consisted of government (25%), SOEs and their subsidiaries (21%), and private (54%). (LK/AR)  

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PT. Wijaya Karya Bangunan Gedung Tbk [WEGE]   Rp. 304   +10 (3.4%)