Bukit Asam (PTBA) to Pay Rp12.56 Trillion in Dividends, 100 Percent of Net Profit

PT Bukit Asam (Persero) Tbk (PTBA) is set to distribute cash dividends of Rp12.56 trillion to shareholders.

IDXChannel - PT Bukit Asam (Persero) Tbk (PTBA) is set to distribute cash dividends of Rp12.56 trillion to shareholders. 

This amount is equivalent to 100 percent of the company's net profit in 2022. 

"Approving the use of the net profit during fiscal year 2022," said PTBA Main Director, Arsal Ismail at today's AGMS (15/6/ 2023).

The company pocketed a net profit of Rp12.56 trillion in 2022, up 68.55% compated to 2021's net profit of Rp. 7.90 trillion.

PTBA's revenues also grew 45.70% to IDR 42.64 trillion last year from Rp29.26 trillion in the previous year. 

Meanwhile, the coal segment's revenues reached Rp42.09 trillion and other revenues stood at Rp3.41 trillion. (WHY)