BUKK to skip dividend for the third time this year
JAKARTA – Within the past three years, PT Bukaka Teknik Utama Tbk (BUKK) has decided not to distribute any dividend to its shareholders despite its consecutive profit.
Based on the data received by IDNFinancials today (22/5), BUKK scored IDR 462.27 billion of net profit in 2022. Then, IDR 439.37 of said amount is allocated for business expansion, investment, and working capital, while leaving another IDR 22.90 billion as reserves.
In 2022, BUKK confirmed its 2021 net profit of IDR 482.09 billion, IDR 457.44 billion of which was allocated for working capital and investment, storing the remaining IDR 24.64 billion as reserves.
BUKK also recorded IDR 423,72 billion of net profit at the end of the fiscal year 2020. Then, IDR 398.42 billion of the profit was allocated for business development, investment, and working capital, while another IDR 25.29 billion went to reserves. (LK/ZH)