JAKARTA. PT Avia Avian Tbk (AVIA), a paint manufacturer listed on the Indonesia Stock Exchange (BEI) since 2021, has received interim cash dividend income from one of its subsidiaries, namely PT Tirtakencana Tatawarna (Tirta).

The value of the interim cash dividend obtained by AVIA from Tirta was IDR 99.99 billion. This represents 99.99% of the company's share ownership in Tirta.

"There is no impact of these events, information or material facts on the company's operational activities, law, financial condition or business continuity," said Hera Septi Astuti, Corporate Secretary of AVIA, in an official statement.

According to idnfinancials.com data, Tirta is a business entity owned by AVIA which operates in the trading sector. Tirta started operating commercially in 2000 and its total assets have reached IDR 4.06 trillion as of September 30, 2024.

AVIA itself has recorded revenue of IDR 5.4 trillion in the first nine months (9M) of 2024. Meanwhile, its net profit was recorded at IDR 1.16 trillion. (KR/LM)