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CCSI to distribute its dividend of IDR 7.5 billion in early June 2021

07 May 2021 20:55

JAKARTA. PT Communication Cable Systems Indonesia Tbk (CCSI) to share its cash dividend of IDR 7.5 billion, equivalent to IDR 7.5 per share, on June 2, 2021.

According to Apolonia Irwina Gunawan, the Financial Director of CCSI, this plan aligns with the shareholders’ decision. The total amount of dividend to be distributed reached 26.29% of its net profit, equal to IDR 28.52 billion.

After allotting the net profit to dividend distribution, CCSI’s shareholders also agreed to allocate the remaining profit of IDR 339.18 billion as the retained earnings. The company’s total equity as of December 31, 2020, was recorded at IDR 339.18 billion.

The cum date for the regular and negotiation market of CCSI was set for May 7, 2021, followed by the cash market on May 11, 2021.

According to idnfinancials.com, 39.23% of CCSI is under the control of PT Grahatama Kreasibaru. Another 20.39% belongs to PT Saptadaya Bumitama Persada. The remaining 56.61% went to the public investors. (KR/ZH)

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