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Panca Budi Idaman allocates dividend, paying IDR 110 per share

13 May 2022 05:39

JAKARTA. A plastic manufacturer, PT Panca Budi Idaman TBk (PBID), arranges a cash dividend distribution of IDR 206.2 billion or IDR 110 per share scheduled for June 2022.

Vicky Taslim, Vice President Director of Panca Budi Idaman, mentioned yesterday (12/5) that throughout 2021, his company continued to display satisfactory services and products.

Then, Director of PBID, Lukman Hakim, agreed and stated that the management is confident that PBID still has many prosperous opportunities in the future, considering how the food and beverage industry flourishes. “We believe that plastic packaging would still be the top choice for its hygiene, practicality, and affordability,” he claimed.

The Financial Report of Panca Budi Idaman reveled that in 2021, the net sales reached IDR 4.4 trillion, 14.75% higher than the same period last year of IDR 3.8 trillion. The increase in sales resulted from plastic packaging sales of IDR 2.9 trillion, soaring 22.47% from IDR 2.4 trillion in 2020. Its current year’s profit attributable to the parent company also climbed 10.40% from IDR 371.6 billion to IDR 410.2 billion in 2021. (AM/ZH)

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