JAKARTA – Although the net profit of PT PAM Mineral Tbk (NICL) went down 82.01% year-on-year (yoy) in 2023, the company’s dividend allocation increased 175.18% yoy from the fiscal year (FY) 2022.

Based on the data compiled by IDNFinancials today (3/6), the issuer distributed total dividend for FY 2023 of IDR 79.76 billion, up 175.18% from the dividend of FY 2022 of IDR 28.98 billion.

The dividend of FY 2023 consisted of interim dividend of IDR 42.54 billion or IDR 4 per share and cash dividend of IDR 37.22 billion or IDR 3.5 per share.

Net profit attributable to the parent entity in 2023 was recorded at IDR 26.92 billion, followed by retained earnings of IDR 82.85 billion, and total equity of IDR 645.47 billion.

For comparison, in 2022, net profit was seen at IDR 149.72 billion, while its retained earnings were at IDR 142.64 billion, and total equity reached IDR 497.31 billion. (LK/ZH)