Good News From Kota Deltamas Developers Owned By Conglomerate Eka Tjipta Widjaja, They Will Distribute Interim Dividends Of IDR 578.37 Billion

JAKARTA - PT Puradelta Lestari Tbk (DMAS) brings good news for its investors. The company from the Sinar Mas Group, owned by the late conglomerate Eka Tjipta Widjaja, will distribute an interim cash dividend of IDR 578.37 billion or IDR 12 per share.

In Puradelta's information disclosure on the Indonesia Stock Exchange (IDX) website, quoted on Tuesday 2 December, the DMAS board of directors will decide to distribute the dividend for the financial year ending December 31, 2021.

"PT Puradelta Lestari Tbk. hereby conveys that on November 30, 2021, the Board of Directors of the Company decided to distribute an interim cash dividend for the financial year ending on December 31, 2021 in the amount of IDR 578.377.333.200 or IDR 12 per share to the shareholders of the Company, where the Board of Directors of the Company in this case has also obtained the approval of the Board of Commissioners of the Company," wrote DMAS management.

For information, Puradelta Lestari posted a brilliant performance in the third quarter of 2021. The company's net profit grew 109.8 percent on an annual basis (yoy).

The increase in net profit was in line with the realization of the company's operating income of IDR 1.31 trillion. This figure is equivalent to twice the operating income of DMAS in the first semester of 2020 of IDR 655 billion.

For nine months, DMAS gross profit was recorded at IDR 740 billion, higher than the gross profit for the same period last year of IDR 427 billion. The gross profit margin is 56.6 percent.

Then, DMAS posted an operating profit of IDR 593 billion, higher than the first half of 2020 operating profit of IDR 285 billion. Until the third quarter of 2021, DMAS posted a net profit of IDR 635 billion or grew 109.8 percent compared to the third quarter of 2020 of IDR 302 billion. The net profit margin is 48 percent, up from the same period last year of 46.2 percent.

The following is the DMAS interim dividend distribution schedule:

- Cum Dividend Interim in the Regular and Negotiated Market : December 9, 2021

- Ex Interim Dividend in Regular and Negotiated Market: December 10, 2021

- Cum Dividend Interim in Cash Market: December 13, 2021

- Ex Interim Dividend in Cash Market: December 14, 2021

- Recording Date of Shareholders entitled to Interim Dividend: December 13, 2021

- Interim Dividend Payment: December 23, 2021