JAKARTA. PT Pinago Utama Tbk (PNGO), a forestry and paper issuer, will distribute an interim dividend of IDR 54.69 billion or IDR 70 per share.

Meli Tantri, Director of PNGO, said the plan was in accordance with the decision of the company's board of directors. "It was approved by the board of commissioners on October 26 2023," said Tantri, in an information disclosure on the Indonesia Stock Exchange (BEI).

Interim dividends will be given to PNGO shareholders, whose names are recorded in the Register of Shareholders (DPS) on 8 November 2023. Interim dividend payments will be made on 17 November 2023.

According to idnfinancials.com data, BFIN recorded a net profit of IDR 152.86 billion as of September 30 2023. The company also has a retained earnings balance of IDR 698.88 billion. Meanwhile, the company's total equity was recorded at IDR 810.15 billion. (KR/LM)