INDR - PT. Indo-Rama Synthetics Tbk

Rp 4.180

+80 (+1,95%)

JAKARTA - PT Indo-Rama Synthetics  Tbk (INDR) aims to generate US$ 55 million of comprehensive income this year. Up to March 2019, the company has already obtained US$ 33 million of comprehensive income.

Vishnu Swaroop Baldwa, President Director of PT Indo-Rama Synthetics Tbk (INDR) stated that the company is optimistic to reach the revenue target this year.  “Net operating income in Q1 is just US$ 3 million. We think in Q2, it is  also going to be slow, but we expect in the second semester, in Q3 and Q4, the operation should improve,” he said.

Furthermore, in the annual general meeting of shareholders, the shareholders of Indo-Rama has approved to distribute the cash dividend by 25% of the net profit- which the net profit achieved is about US$ 62 million in 2018- or around Rp 340 per share. (LK/W)