JAKARTA - PT Cerestar Indonesia Tbk (TRGU) will distribute cash dividend of IDR 9.97 billion from the net profit gained n 2022. This will be TRGU’s first dividend distribution after its debut in Indonesia Stock Exchange in July 2022.

In the information disclosure quoted Wednesday (17/5), Mulyadi Chandra, Chief Financial Officer (CFO) of Cerestar Indonesia, confirmed that the company will distribute IDR 1.25 per share of dividend to the names in the Official Shareholders List recorded by May 26, 2023. “The dividend will then be paid on June 14, 2023,” he said.

The dividend allocation is made based on the 2022 net profit of IDR 49.85 billion, retained earnings of IDR 34.48 billion, and total equity of IDR 1.02 trillion. The cum and ex dividend date in the regular and negotiation market is set to May 24-25, followed by the cum and ex date in the cash market on May 26 and 29.

In 2022, the issuer scored IDR 3.61 trillion of revenue, increasing from IDR 3.42 trillion seen in 2021. Its gross profit also grew from IDR 270.31 billion to IDR 337.48 billion. (LK/ZH)