JAKARTA - PT Multistrada Arah Sarana Tbk (MASA) will share cash dividend for the fiscal year (FY) 2023 of IDR 339.67 billion, up 19.34% from FY 2022 dividend of IDR 284.67 billion.

Based on the data compiled by IDNFinancials today (20/5), total dividend is equal to 29.24% of 2023 net profit of IDR 1.16 trillion or USD 75.43 million. The dividend per share is set to IDR 37. Then, approximately IDR 40.96 billion will be allocated as reserves, leaving the remainder to be stored as retained earnings.

Throughout 2023, this issuer scored net sales of USD 119.44 million, increasing from USD 110.49 million in 2022, while gross profit grew from USD 38.71 million to USD 52.21 million.

In 2022, it also distributed dividend of IDR 31 per share, taken out of total net profit of USD 52.91 million, while retained earnings clocked up to USD 58.73 million, and total equity reached USD 324.83 million. (LK/ZH)