Trisula International insists on the dividend distribution despite its losses
JAKARTA. PT Trisula International Tbk (TRIS) proceeds to distribute the cash dividend of IDR 1 billion, or IDR 0.32 per share, by the end of this month despite suffering from losses in 2020.
The management states that this dividend originates from the unrestricted retained earnings. As of December 31, 2020, the said retained earnings amounted to IDR 71.35 billion.
According to idnfinancials.com, TRIS’s loss in 2020 reached IDR 10.61 billion. While in 2019, TRIS still managed to score IDR 795.75 billion high in net profit.
The cum dates for the regular and negotiation market are set to June 7 and 8, 2021. Meanwhile, for the cash market, the date is set to June 9, 2021. The payment disbursement would take place on June 30, 2021.
By the end of March 2021, 66.81% of TRIS’s shares are under the control of PT Inti Nusa Damai. Another 13.37% belongs to PT Trisula Insan Tiara, 8.97% to PT Karya Dwimanunggal Sejahtera, 0.23% Lim Kwang Tak, 0.02% Widjaja Djohan, and the remaining 10.61% is dispersed among the public investors. (KR/ZH)