JAKARTA. PT Eastparc Hotel Tbk (EAST), the owner and managing company of Eastparc Hotel in Yogyakarta, announces the distribution of interim dividend of IDR 7.43 billion.

Muhammad Anis, Director of EAST, said that this plan is in line with the decision made by the board of directors of the company. “It had been approved by the board of commissioners on August 1, 2023,” he added in the information disclosure in Indonesia Stock Exchange (IDX).

The interim dividend will be given to EAST’s shareholders whose names have been listed by the recording date on August 15, 2023. The interim dividend distribution will then take place on August 30, 2023.

For every unit of EAST’s shares registered by the recording date, the holder will receive interim dividend of IDR 1.8.

According to IDNFinancials data, EAST posted net profit of IDR 17.06 billion in the first half of 2023. By the end of June 2023, the company reported having cash and cash equivalent of IDR 8.99 billion and total equity worth IDR 248.98 billion. (KR/ZH)