JAKARTA. PT Mulia Industrindo Tbk (MLIA), a manufacturer and distributor of glass and ceramic tiles, decides on a cash dividend distribution of IDR 99.22 billion or IDR 15 per share that will be taken out of its 2023 net profit.

Henry Bun, Corporate Secretary of MLIA, mentioned that the amount of cash dividend distributed by the company is equal to 17.6% of 2023 net profit. “It follows the result of Annual GMS on May 31, 2024,” said Bun in the official statement.

The cash dividend will be disbursed to MLIA’s shareholders whose names have been listed by the recording date on June 12, 2024. The payment of this cash dividend is due June 20, 2024.

According to IDNFinancials data, MLIA reported net profit of IDR 562.63 billion in 2023. The company also booked retained earnings of IDR 69.283 billion and total equity of IDR 4.95 trillion at the end of 2023.

As of now, 41.45% of MLIA are under the control of PT Eka Gunatama Mandiri. PT Mulia Grahapermai has another 24.80%, while public investors share the remaining 25.80%. (KR/ZH)