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Surya Toto Indonesia to give IDR 103.2 billion of dividend

21 November 2022 12:18

JAKARTA. PT Surya Toto Indonesia Tbk (TOTO), a kitchen and sanitary product manufacturer, announces its plan to distribute interim dividend of IDR 10 per share or IDR 103.2 billion in total.

Setia Budi Purwadi, Director of TOTO, mentioned that this plan aligns well with the decision made by the board of directors last week. “It had been approved by the board of commissioner on November 18, 2022,” Purwadi added in the information disclosure.

The interim dividend will be given out to TOTO’s shareholders whose names have entered the official list by the recording date on December 1, 2022. Then, the company will disburse the interim dividend on December 12, 2022.

According to idnfinancials.com data, TOTO recorded a net profit of IDR 225.99 billion as of September 2022. On top of this, it also kept its retained earnings of IDR 1.92 trillion and total equity of IDR 2.19 trillion.

Until now, Toto Limited, Japan, still claims control over 37.90% of the shares, followed by PT Multifortuna Asindo that owns 29.51% of the shares. PT Suryaparamitra Abadi has another 25.05%, leaving public investors to share the remaining 7.54%. (KR/ZH)

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