JAKARTA. PT Triputra Agro Persada Tbk (TAPG), a palm and rubber plantation company, will distribute interim dividend of IDR 1.51 trillion or IDR 76 per share.

Joni Tjeng, Corporate Secretary of TAPG, mentioned that the plan is in line with the decision made by the board of directors last month. “It had been approved by the board of commissioners on October 29, 2024,” he added in the official statement.

The interim dividend will be given to shareholders of TAPG that have been officially listed by the recording date on November 11, 2024. The interim dividend payment will take place on November 20, 2024.

According to IDNFinancials data, TAPG booked net profit of IDR 1.62 trillion within the first nine months (9M) of 2024. As of September 30, 2024, the company recorded unrestricted retained earnings of IDR 5.56 trillion, and total equity of IDR 11.14 trillion.

Last Tuesday (5/11), TAPG’s stock price went up 15 points or 1.58% to IDR 965. However, since the beginning of this year, its price has soared 420 points or 77.06%. (KR/ZH)