KINO - PT. Kino Indonesia Tbk

Rp 4.090

-120 (-3,00%)

JAKARTA - The Annual Shareholders' Meeting (AGM) of PT Kino Indonesia Tbk (KINO) decided to distribute the remaining cash dividends of Rp 118.57 billion (Rp 83 per share). Cash dividends will be paid to registered shareholders on 12 June 2020.

As quoted from the company's disclosure published on Thursday (14/5), KINO allocated Rp 154.28 billion or 29.92% of its total net profit in 2019 of Rp 534.04 billion. Previously, the company has distributed interim dividends of Rp 35.74 billion (Rp 25 per share) on 27 December 2019.

In addition, the AGM also decided that the remaining net profit would be kept as retained earnings for business development. (LK/AR)