Sritex will distribute cash dividends worth Rp 20.45 billion
JAKARTA. PT Sri Rejeki Isman Tbk (SRIL) or Sritex will distribute cash dividends worth Rp.20.45 billion taken from its net profit in 2019. Dividends distributed this year are 66% lower than the cash dividends distributed last year.
The decision was made at Sritex's Annual General Meeting of Shareholders (RUSPT) held a few days ago. In this meeting, Sritex's shareholders also agreed to keep 20% of net profit as reserve funds. Then, US$ 66.65 million was set as retained earnings.
According to the data owned by idnfinancials.com, Sritex booked a net profit of US$ 87.65 million in 2019, 3.65% higher than its record in 2018. (KR/AR)