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Cikarang Listrindo to distribute USD 24.8 million of dividend

01 December 2022 21:08

JAKARTA. PT Cikarang Listrindo Tbk (POWR) is set to channel out interim dividend of USD 24.8 million or IDR 24.72 per share to its shareholders.

Said plan is in line with the result of the meeting held by the Board of Directors of POWR late November. “It then had been approved by the board of commissioners on November 30, 2022,” Ko Rina, Investor Relations and Corporate Finance Manager of POWR, claimed in the official release earlier today (1/12).

The interim dividend will be given to those who have been registered as official shareholders of POWR by December 13, 2022. Then, they will receive the dividend on December 21, 2022.

The interim dividend distribution will use the currency exchange rate of IDR 15,737 per USD, bringing the total interim dividend to IDR 390.21 billion.

According to idnfinancials.com data, POWR recorded a net profit of USD 58.52 billion as of September 30, 2022. Then, it also kept its retained earnings of USD 305.26 million and total equity of USD 708.35 million. (KR/ZH)

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