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The net profit of the company increased this year to 413 million US dollars.
REPUBLIKA.CO.ID, JAKARTA – The annual shareholders' meeting of PT Indah Kiat Pulp & Paper (INKP) agreed to distribute dividends of 547 billion rupees, Wednesday (27/6). "Thus, the cash dividend per share is Rp 100," said INKP director Agustian Partawidjaja.
At the meeting also explained the net income that can be given to the owner of the parent entity amounts to 413.2 million US dollars in 2017. The amount increased from the acquisition of the net income in 2016 amounted to 202.7 million US dollars.
In addition, also put the profit of 1 million US dollars, equivalent to Rp 13.95 billion reserves. In the meantime, the remaining net income will be included in retained earnings or retained earnings.
The company explained that the consolidated net business figure of 2017 amounted to 3.13 billion US dollars. This figure is up 15% over the year 2016 which amounted to 2.72 billion US dollars.
In addition, for the three-month period ending March 2018, consolidated net sales of US $ 843.7 million were recorded. This figure also increased by 13.1% compared to the first three months of 2017.
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