JAKARTA - PT Caturkarda Depo Bangunan Tbk (DEPO) today held an Annual General Meeting of Shareholders (AGMS) at the Company's Head Office, South Tangerang. In this 2024 financial year AGMS, the Company reported positive financial performance and decided a number of important agendas that reflected the company's commitment to continue to grow sustainably.
During 2024, the Company added three new outlets, namely in Rungkut (East Java), Rempoa (Jakarta), and Depok (West Java). The largest growth contributors came from East Java and Bali, each of which recorded significant sales growth.
Throughout 2024, the Company recorded operating revenues of IDR 2.8 trillion, an increase of 5.0 percent compared to 2023. The net profit recorded by the Company in the 2024 financial year reached IDR 95.24 billion. This achievement is supported by strengthening business fundamentals, expansion of the new store network, and sustainable operational efficiency management.
"In this AGMS, Shareholders also approved the distribution of cash dividends of IDR 4.2 per share, or a total of IDR 28.52 billion. The final dividend payment will be made no later than July 24, 2025," explained DEPO management in a written statement, Friday, June 20.
In addition, the Company has also set the establishment of a reserve fund of IDR 5 billion and the rest is recorded as retained earnings
SEE ALSO:
The 2025 AGMS also ratified changes to the composition of the Company's management. Mr. Henryanto Komala, who previously served as Independent Commissioner, was appointed Deputy President Director of the Company. Meanwhile, the position of Independent Commissioner is filled by Mr. Sartono Budi Santoso, who has a long experience in the retail industry.
The company continues to affirm its commitment to implementing good corporate governance, strengthening human resource competencies, developing integrated IT systems, and optimizing omnichannel distribution to face the challenges of the future building materials retail industry dynamics.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
