Ciputra Development Distributes Dividends Of IDR 24 Per Share

JAKARTA - The Annual General Meeting of Shareholders (AGMS) of PT Ciputra Development Tbk agreed to distribute cash dividends worth IDR 444.85 billion or equivalent to IDR 24 per share.

The Company's dividend payout ratio (DPR) is equivalent to 21 percent of the net profit of IDR 2.12 trillion in the 2024 financial year.

"It was distributed as a cash dividend of IDR 445 billion or equivalent to IDR 24 per share. This is an allocation of 21 percent of the company's net profit," said CTRA Head of Investor Relations Aditya Ciputra Sastrawinata quoting Antara.

Aditya explained that the remaining net profit of Rp1 billion was allocated as a reserve and Rp1.68 trillion was allocated as retained earnings for the company's development.

In the AGMS, the company also approved the re-appointed Candra Ciputra as President Director, so that the composition of the board of commissioners and the current board of directors of the company, namely:

Board of Directors

Badminton President Director: Candra Ciputra

Director : Artadinata Djangkar

Director : Budiarsa Sastrawinata

way Director : MI Meiko Handoyo

Director: Harun Hajadi

Director : Nanik J. Santoso

Badminton Director: Cakra Ciputra

Director : Sutoto Yakobus

Director : Agussurja Widjaja

Corporate Secretary: Tulus Santoso

Board of Commissioners

principal President Commissioner : Rina Ciputra Sastrawinata

Commissioner : Junita Ciputra

Commissioner : Sandra Hendartho

ERADICATE Commissioner : Kodradi

ERADICATE Independent Commissioner : Tanan H. Antonius

ERADICATE Commissioner : Thomas Bambang

In the first quarter of 2025, Ciputra Development posted sales and operating income of IDR 2.73 trillion, an increase of 17.94 percent year on year (yoy) from IDR 2.31 trillion in the first quarter of 2024.

In detail, the majority of this period's revenue came from the sales segment of houses, apartments and offices of IDR 2.17 trillion. Meanwhile, the rest came from the business revenue segment which contributed IDR 560.88 billion.

Meanwhile, cost of goods sold and direct expenses rose to IDR 1.33 trillion in the first quarter, from IDR 1.13 trillion in the same period last year.