PT PP For Cash Dividend Rp290 Billion

By : Wiyanto Dan Aldo Bella Putra | Thursday, April 26 2018 - 15:00 IWST

PT PP Pro (Ist)
PT PP Pro (Ist)

INDUSTRY.co.id - Jakarta - PT PP Tbk will distribute cash dividends to shareholders amounting to Rp290 billion or 20 percent of net profit of Rp1.45 trillion in 2017.

Finance Director of PT PP Tbk Agus Purbianto said the dividend payout rate holder is approved by the Annual General Meeting of Shareholders (AGM).

"The dividend distribution is equivalent to Rp46, 866 per share for the fiscal year 2017," he said in Jakarta, Thursday (26/4/2018).

According to him, this dividend payout rate provides a great space for financial flexibility for PTPP to fund from infrastructure projects to corporate investment in Indonesia as well as to strengthen the capital structure.

"Thus, the net income attributable to the owners of the parent entity amounted to Rp1.45 trillion in 2017. Reserve of Rp1.16 trillion for the strengthening of the company's equity," he said.

News Comment

Today's Industry

Bentley Systems Announces the Availability of OpenBuildings Station Designer

Minggu, 19 Mei 2019 - 14:58 WIB

Bentley Systems Announces the Availability of OpenBuildings Station Designer

Bentley Systems, Incorporated, the leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, today…

Ponemon Institute

Selasa, 16 April 2019 - 11:16 WIB

2019 Ponemon Study on Automation and Cybersecurity Staffing in Asia Pacific, United States and the UK shows an evolving Asia Pacific cybersecurity arena

2019 Ponemon Study on Automation and Cybersecurity Staffing in Asia Pacific, United States and the UK shows an evolving Asia Pacific cybersecurity arena

Hypertherm software

Selasa, 16 April 2019 - 10:57 WIB

Hypertherm Unveils New Home for Cam Software Content

Hypertherm unveils new home for CAM software content HANOVER, N.H. — April 16, 2019 — Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, is unveiling a brand-new…

Etihad Airways airline (Foto Ist)

Kamis, 11 April 2019 - 12:44 WIB

ETIHAD AIRWAYS TO INTRODUCE BOEING 787 ON SERVICES TO KUALA LUMPUR AND BRUSSELS

ETIHAD AIRWAYS TO INTRODUCE BOEING 787 ON SERVICES TO KUALA LUMPUR AND BRUSSELS

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Kamis, 11 April 2019 - 12:34 WIB

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions