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MITRA ADIPERKASA distributed dividends IDR35 per share

Compact_mitra_adiperkasa

JAKARTA: Management of shopping centers and specialty store PT Mitra Adiperkasa Tbk distributed dividends worth IDR58.1 billion for fiscal year 2011.

Corporate Secretary Mitra Adiperkasa Fetty Kwartati said the value is equal to IDR35 per share or 16.13% of net profit in 2011.
 
"We will distribute a dividend of IDR35 per share. Distribution of dividends made on July 17, " she said today, June 6, 2012..
 
The remaining net income of Rp 5 billion will be used as a reserve fund. The value of net income is recorded as retained earnings reached Rp300, 24 billion.
 
The value of cash dividend for the year 2011 that were distributed by Mitra Adiperkasi (MAPI-coded stock) jumped 75% compared with 2010’s dividend of 33.2 billion, or 20 per share.

She added the company has realized capital expenditures of up to IDR110 billion in May this year. The funds were used to open 64 new outlets.

As at the end of December this year, the company is targeting to open 300 new stores with an investment fund reached IDR600 billion. Funding needs for additional outlets will be taken from internal cash and bank loans. (T03/TW)
 

 

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