Indosat AGMS Will Distribute Dividends Of IDR 255.7 Per Share

JAKARTA - PT Indosat Ooredoo Hutchison Tbk (ISAT) at the Annual General Meeting of Shareholders (AGMS) decided to immediately distribute cash dividends of IDR 255.7 per share which will be paid no later than June 15, 2023.

President Director and CEO of Indosat, totaling Sinha in an online public expose in Jakarta, Monday, said that the company's total dividends amounted to IDR 2.06 trillion or the equivalent of 43.6 percent of the net profit for the 2022 financial year,

The remaining net profit for the 2022 financial year of IDR 2.66 trillion will be allocated by the company to retained earnings balance.

This revealed that Indosat's success in the first year after the merger was the result of the hard work of employees, strategic collaboration with partners, the loyalty of customers, and the trust given by shareholders.

"We express our gratitude for the never-stop support so that Indosat can provide a world-class digital telecommunications experience, connect and empower the Indonesian people," saidOK, quoting Antara.

In the first quarter of 2023, Indosat recorded a total revenue that grew 9.9 percent year on year (yoy) to Rp11.945 trillion, compared to the same period the previous year.

The company recorded EBITDA, which also increased 21.7 percent (yoy) to Rp5.32 billion, with the EBITDA margin reaching 44.6 percent.

Then, the company recorded a profit for the period attributable to owners of the parent entity which was recorded at Rp929.1 billion in the first quarter of 2023, or an increase of 621.6 percent (yoy).

menjelaskan Indosat telah menyelesaikan integrasi jaringan dengan teknologi Multi-Operator Core Network (MOCN) yang dilakukan di lebih dari 46 ribu site di seluruh Indonesia, dalam waktu satu tahun.

He continued, the integration increased the wider coverage of the Indosat network with an additional 700 sub-districts, better indoor service quality with an additional 32 percent of the population, as well as a faster internet experience of customers up to 2 times.

Then, he said the download speed and latency of the Indosat network, was able to increase about 20 percent of customer experience for main services such as video streaming and gaming.