JAKARTA. PT Batavia Prosperindo Internasional Tbk (BPII), a holding and investment company, announces the plan of interim dividend distribution of IDR 48 per share.

Jenny Sutio, Corporate Secretary of BPII, said that the total interim dividend granted by the company is at least IDR 23.72 billion and at most IDR 25 per share. “It is in accordance with the decision made by the board of directors that had been approved by the board of commissioners on September 12, 2023,” Sutio mentioned in the information disclosure in Indonesia Stock Exchange (IDX).

The interim dividend will be channelled to BPII’s shareholders whose names have been recorded before the recording date on September 26, 2023. The payment will then be made on October 13, 2023.

According to IDNFinancials data, BPII’s net profit in the first half of 2023 was recorded at IDR 50.07 billion. The net profit in this period slightly declines from the numbers seen in the same period last year, in which the company managed to round up IDR 69.32 billion of net profit.

The net profit slippage is in line with BPII’s revenue that only reached IDR 466.92 billion in H1 2023, whereas in the first half of 2022, the company booked revenue of IDR 560.56 billion. (KR/ZH)