Jimmy Hitipeuw | Jumat, 20 Mei 2011 | 15:50 WIB
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JAKARTA, KOMPAS.com - PT Elnusa Tbk, a subsidiary of state oil and gas company Pertamina, has decided to allocate Rp19.17 billion of its last year’s net profit as dividends.
"Shareholders have agreed to pay a dividend of Rp2.66 per share on July 20, 2011," PT Elnusa Tbk President Director Suharyanto said following a general shareholders meeting here on Thursday.
Elnusa posted a net profit of Rp63.9 billion last year. He said 5 percent of the company’s 2010 net profit will be allocated as general reserves and 65 percent as retained earnings.
"Given the decision reached at the general shareholders meeting today, the company will use the 2010 retained earnings to expand its business, especially integrated upstream service as its core business," he said.
"Shareholders have agreed to pay a dividend of Rp2.66 per share on July 20, 2011," PT Elnusa Tbk President Director Suharyanto said following a general shareholders meeting here on Thursday.
Elnusa posted a net profit of Rp63.9 billion last year. He said 5 percent of the company’s 2010 net profit will be allocated as general reserves and 65 percent as retained earnings.
"Given the decision reached at the general shareholders meeting today, the company will use the 2010 retained earnings to expand its business, especially integrated upstream service as its core business," he said.
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