JAKARTA. PT Wijaya Cahaya Timber Tbk (FWCT), a plywood manufacturer established circa 2017, announces interim dividend distribution of IDR 3 per share, or a total of IDR 5.63 billion.

Budi Tjahjadi, Director of FWCT, mentioned that the plan is in line with the decision of the board of directors made a couple of days ago. “It had been approved by the board of commissioners on November 6, 2024,” he said in the official statement.

The interim dividend will be given to FWCT’s shareholders whose names have been officially listed by the recording date on November 20, 2024. The payment will then be made on December 4, 2024.

Within the first nine months (9M) of 2024, FWCT scored net profit of IDR 43.52 billion. Then, as of September 2024, it also recorded retained earnings of IDR 136.3 billion and total equity of IDR 314.73 billion. (KR/ZH)