GEMS - PT. Golden Energy Mines Tbk

Rp 6.800

-200 (-2,94%)

JAKARTA. PT Golden Energy Mines (GEMS), a coal mining company under Sinarmas Group, will channel out interim dividend of USD 0.017 per share or USD 100 million in total.

According to the official announcement, said plan is in accordance with the result of the board of the directors of the company made earlier in late October 2022. “It had been approved by the board of commissioners on October 27, 2022,” the management of GEMS mentioned in the information disclosure.

The interim dividend will be given to sharheolders of GEMS whose names have entered the official list by November 9, 2022, followed by the disbursement on November 17, 2022.

Based on idnfinancials.com record, until August (8M) 2022, GEMS scored a net profit of USD 420.29 million. In other words, the amount of this upcoming interim dividend is equal to 23.8% of the company’s net profit by August 2022.

On top of the net profit, GEMS still hold unrestricted retained earnings of USD 167.14 million, while the total equity clocked up to USD 393.17 million. (KR/ZH)