JAKARTA – PT MPX Logistics International Tbk (MPXL), a transportation and logistics company that debuted on Indonesia Stock Exchange (IDX) on May 9, 2023, will allocate IDR 1.5 billion for its interim dividend in the fiscal year (FY) 2024, which will be disbursed next December.

Interim dividend per share only reaches IDR 0.75, or down 25% from the interim dividend allocated in FY 2023. Its net profit actually soared 57.8% year-on-year (yoy) to IDR 12.12 billion per September 2024 from IDR 7.7 billion in 9M 2023.

With total interim dividend allocation of IDR 1.5 billion and net profit attributable to the parent entity of IDR 12.12 billion, its dividend payout ratio only reaches 12.4%.

According to the disclosure quoted today (6/11), the cum and ex dividend date in the regular and negotiation market is set to November 14 and 15, followed by the cash market on November 18 and 19, 2024.

The interim dividend payment will take place on December 3, 2024, referring to the Official Register of Shareholders recorded as of November 18, 2024, 4 PM WIB.

It is worth mentioning that MPXL also recorded retained earnings of IDR 21.3 billion and total equity of IDR 100.64 billion until the end of September 2024. (ZH)