Metland Rp 40 Billion Dividend

PT Metropolitan Land Tbk (MTLA) will distribute profits or dividends to shareholders amounting to Rp 40.47 billion or USD 5.37 per share. The amount of dividends equal to 20% of the company’s net profit of Rp 203.69 billion in 2012 to 7.57 billion stockholders.

Director Metland Nanda Widya said dividend decision has been approved in the Annual General Meeting (AGM) held by the company at the Hotel Mulia, Jakarta, Thursday (16/05/2013).

“The dividends will be distributed on July 5, 2013,” he said.

In addition, the shareholders also approved a net profit in 2012 was allocated to the reserve fund of Rp 2 billion company to a business development company. While the remainder recorded as retained earnings to increase working capital.

The Company recorded income of $ 678.729 billion in 2012, up 25.3% compared to 2011 revenue of Rp 541.781 billion. While the value of the company’s assets in 2012 grew 16.5% to Rp 2.016 trillion from Rp 1.73 trillion.

PTPP Rp 92.94 billion Dividend Coverage

PT PP (Persero) Tbk (PTPP) will pay dividends of Rp 92.94 billion. The dividend equivalent to 30% of the net profit of Rp 309.68 billion in 2012.

Director PTPP, Bambang Triwibowo said net profit last year rose by 29% compared to previous year profit of Rp 240.22 billion.

“The increase in net income was bolstered by the acquisition of new contracts, increase revenue and efficiency and continuous innovation company,” Bambang said in a press conference at Headquarters PTPP, Pasar Rebo, East Jakarta, Tuesday (30/04/2013).

The plan, the dividend will be distributed to shareholders in June 2013. To revenue in the year 2012, the issuer’s stock PTPP coded, managed to reap Rp 8 trillion.

This revenue, an increase of 28.43%, when compared to last year’s Rp 6.23 trillion.

“To support the company’s long-term target of the future will be supported by the construction of 5 business, property, EPC, investment and other businesses such as industry,” he said.