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Slowly recovering, Eastparc Hotel to transfer interim dividends of IDR 3.09 billion

29 September 2021 10:28

JAKARTA. PT Eastparc Hotel Tbk (EAST) to give out interim dividends of IDR 3.09 billion in total after seeing its business recovering by the first half of 2021.

Muhammad Anis, Director of EAST, claimed that the interim dividend distribution plan was a decision made by the company’s directors. “It had been approved by the Boards of Commissioners on September 27, 2021,” he revealed in the information disclosure in Indonesia Stock Exchange earlier today (29/9).

The dividend would be paid to the shareholders entering the official list by October 11, 2021, at 4 PM WIB. The interim dividend they would receive would amount to IDR 0.75 per share.

The cum date in the regular and negotiation market is set to October 7, 2021, and October 11, 2021, in the cash market. The payment itself would be made on October 19, 2021.

Based on idnfinancials.com data, EAST had recorded a net profit of IDR 3.34 billion in H1 2021. In the same period last year, it had badly suffered from an IDR 1.76 billion loss. Thankfully, by the end of H1 2021, its retained earnings had reached IDR 3.8 billion. (KR/ZH)

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