JAKARTA - The tower company from the Djarum Group owned by the Hartono Brothers conglomerate, PT Sarana Menara Nusantara Tbk (TOWR) will distribute cash dividends for 2021 net profit of IDR 1.2 trillion. The decision was agreed at the Annual General Meeting of Shareholders (AGMS), which was held on Friday, May 27.

Deputy President Director of Sarana Menara Nusantara (TOWR) Adam Gifari said the total dividend of IDR 1.2 trillion, including dividends that were previously distributed in December 2021, amounted to IDR 6 per share or around IDR 298 billion.

As for the distribution of cash dividends this time, investors will receive dividends of IDR 18.1 per share. That way, the cash dividend that will be distributed by TOWR is around IDR 902 billion.

For information, TOWR posted a profit in 2021 of IDR 3.43 trillion, an increase of 20.85 percent from the previous year of IDR 2.84 trillion throughout 2020.

The increase in profit was in line with the positive performance of the income line. Throughout 2021, TOWR recorded an increase in revenue of 15.98 percent year on year (yoy) to IDR 8.64 trillion from the previous IDR 7.45 trillion.


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