ESSA Announces its Highest Ever Dividend

By : Nata Kesuma | Friday, March 17 2023 - 08:40 IWST

PT Surya Esa Perkasa Tbk. (“ESSA”)
PT Surya Esa Perkasa Tbk. (“ESSA”)

INDUSTRY.co.id - Jakarta, March 15, 2023 – PT Surya Esa Perkasa Tbk. (“ESSA”), a publicly listed company engaged in the Energy and Chemical sectors through its LPG (Liquefied Petroleum Gas) refinery and Ammonia plant, today approved its highest ever dividend of IDR 45 per share (ESSA nominal share price is IDR 10 per share) amounting to IDR 775.2 billion.

This decision was made at the Annual General Meeting of Shareholders held today.

The dividend has been announced following record earnings in 2022, riding on excellent operations and favorable market conditions. ESSA had reported Revenue of USD 731 million (up by 141% YoY) & EBITDA of USD 354 million (up by 161% YoY) in the consolidated financial statements for year 2022.

Vinod Laroya, President Director of ESSA, said, “We are pleased to share the company’s good fortune in 2022 with our shareholders, and as such announce this special dividend. Our efficient operational track record supported by an unusually strong commodity price environment resulted in solid performance in 2022. Going forward, we remain optimistic about new growth opportunities in gas- downstream industries to further provide increased value for shareholders.”

News Comment

Today's Industry

President Jokowi visited PYCH, in Jayapura City, Papua Province, Tuesday (21/03/2023). (Photo: BPMI Setpres/Laily Rachev)

Rabu, 22 Maret 2023 - 10:40 WIB

The song "Yamko Rambe Yamko" Welcomes the President's Arrival at PYCH

Starting the second day of his visit to Papua Province, Indonesian President Joko Widodo (Jokowi) visited the Papua Youth Creative Hub (PYCH), Jayapura City, on Tuesday (21/03/2023). 

President Joko “Jokowi” Widodo

Rabu, 22 Maret 2023 - 09:31 WIB

President Jokowi: Papua Youth Creative Hub to Stimulate Creativity of Papuan Youth

The newly inaugurated Papua Youth Creative Hub (PYCH) in Jayapura City is expected to provide space for Papuan youths to develop creativity and innovation in various fields, such as fashion,…

President Jokowi arrives at Sentani Airport, Jayapura regency, Papua province, Monday (03/20). (Photo by: BPMI of Presidential Secretariat/Laily Rachev)

Rabu, 22 Maret 2023 - 08:30 WIB

President Jokowi to Inaugurate Papua Youth Creative Hub

President Joko “Jokowi” Widodo kicked off a working visit to Papua province on Monday (03/20).

Founder dan Chief Executive Officer (CEO) Fuse Andy Yeung (right) and COO Fuse Ivan Sunandar.

Rabu, 22 Maret 2023 - 06:55 WIB

Fuse Achieved More Than Usd 200 Million Of Gwp and 150 Million Policies For 2022

During the Grand New Office Opening event on 17th March, 2023, insurtech company Fuse announced more than 150 million policies, with GWP exceeding USD 200 million (IDR 3 trillion) being achieved…

President Jokowi at the handing over of the COVID-19 Pandemic Handling Award, at the Dhanapala Building, Ministry of Finance, Jakarta, Monday (20/03/2023). (Photo: Public Relations of Setkab/Jay)

Senin, 20 Maret 2023 - 16:40 WIB

President Jokowi Gives Appreciation for the Contribution of Various Parties in Handling the COVID-19 Pandemic

RI President Joko Widodo (Jokowi) presented awards to various parties who have contributed and worked hard in efforts to deal with the COVID-19 pandemic in the country.