JAKARTA - PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) allocates cash dividends worth Rp 98.71 billion or about Rp 15 per share of the net profit from the financial year 2018 amounted of Rp 537.97 billion. In 2017, the bank posted Rp 438.72 billion of net profit.
Sadhana Priatmadja, Director Business Support of PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA) stated that the company allocates 81.65% of net profit as retained earnings. “In total, retained earning is worth of Rp 439.25 billion,” said he, in Jakarta.
BWS's total assets also increased by 9.40% from Rp 27.09 trillion in the previous year to Rp 29.63 trillion. The company's equity also rose from Rp 6.11 trillion to Rp 6.55 trillion.
The amount of loans disbursement also increased from Rp 18.65 trillion to Rp. 22.29 trillion. However, third party funds showed a decrease from Rp 16.93 trillion in 2017 to Rp. 15.39 trillion in 2018.