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INDY will distribute cash dividends of US$ 30 million

27 April 2020 06:12

JAKARTA - PT Indika Energy Tbk (INDY) will distribute US$ 30 million of cash dividends, taken from its retained earnings from 2019. This has been decided at the company's Annual General Meeting of Shareholders (AGMS) which took place last week (22/4).

As quoted from the disclosure of company information on Friday (24/4), the AGMS decided that the cash dividend would be distributed to holders of 5,210,192,000 shares. Payment of cash dividends will be made on 20 May 2020.

In 2019, INDY earned US$ 2.78 billion of revenue, lower than its record in 2018 of US$ 2.96 billion. Gross profit and current year profit were recorded at US$ 426.70 million and US$ 4.99 billion respectively. In 2018, the company's gross profit and current year profit were recorded at US$ 641.21 million and US$ 97.86 million respectively. (LK/AR)

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