Media Company Surya Citra Owned By Conglomerate Eddy Kusnadi Sariaatmadja Sets A Schedule For Dividend Distribution Of IDR 2.5 Per Share, Save The Date!

JAKARTA - Although PT Elang Mahkota Teknologi Tbk (EMTK) does not provide a share of profit for shareholders, another company owned by conglomerate Eddy Kusnadi Sariaatmadja PT Surya Citra Media Tbk (SCMA) will distribute dividends for the 2021 financial year. The value is IDR 184.92 billion.

Citing the decision of Surya Citra's annual general meeting of shareholders (AGM) at the Indonesia Stock Exchange information disclosure, Monday, July 4, the dividend value is equivalent to Rp. 2.5 per share. This value is equivalent to 1.38 percent of the company's net profit in 2021.

The Company has also determined the dividend distribution schedule, as follows:

Cum dividends in regular and negotiated markets: 7 July 2022Ex dividends in regular and negotiated markets: 8 July 2022List of shareholders entitled to cash dividends: 11 July 2022Cum dividends on cash market: 12 July 2022Ex dividends on cash market: 11 July 2022Dividend payment date cash: 29 July 2022

As additional information, shareholders who are entitled to Surya Citra cash dividends are those who are registered until 16:00 WIB on July 11, 2022.

Just a reminder, Surya Citra's net profit will reach Rp 1.34 trillion in 2021. This achievement increased by 17.33 percent compared to the same period the previous year which was Rp. 1.14 trillion.

In the company's financial statements, this increase in profit is in line with an increase in net income of around 16.25 percent to Rp. 5.93 trillion in 2021, compared to 2020 which was Rp. 5.10 trillion. This increase was contributed by the advertising segment which recorded revenues of Rp6.43 trillion and other revenues of R736 billion, but there was a sales discount of Rp1.24 trillion.