JAKARTA - PT Charoen Pokhpand Indonesia Tbk (CPIN) has set aside IDR 2.13 trillion as cash dividend for the fiscal year (FY) 2023, which are equal to approximately 91.94% of 2023 net profit.

Hadijanto Kartika, Corporate Secretary of CPIN, mentioned that the dividend per share is set to IDR 130, which will be disbursed to shareholders that claim 16.39 billion shares.

Said dividend amount includes the interim dividend paid on November 29, 2023, of IDR 1.63 trillion or IDR 100 per share. Therefore, the upcoming final dividend amounts to IDR 491.94 billion or IDR 30 per share. “The remaining portion is stored as retained earnings,” Kartika said, as quoted from the information disclosure today (27/5).

This company collected revenue of IDR 61.61 trillion in 2023, as well as gross profit of IDR 8.27 trillion, operating profit of IDR 3.65 trillion, and net profit attributable to the parent entity of IDR 2.31 trillion.

In 2022, CPIN recorded revenue of IDR 56.86 trillion, gross profit of IDR 8.14 trillion, operating profit of IDR 3.94 trillion, and net profit attributable to the parent entity of IDR 2.92 trillion. Although its profit in 2022 was higher than 2023’s number, it skipped the dividend distribution last year. (LK/ZH)