Monday, 29 June 2009 16:16:28
StockWatch (Jakarta) - Tollroad construction company PT Citra Marga Nusaphala Tbk (CMNP) has decided not to pay dividends for the 2008 fiscal year, the company's president Shadik Wahono said.
He said the company has decided to keep IDR2.44 billion of the company's IDR72.44-billion net profit in 2008 as reserve, and to withhold the IDR70 billion of the profit.
"Our shareholders have approved the whole agenda of the meeting as well as the management's decision not to pay dividends for 2008 fiscal year," he said in a public expose today (Monday 29/6) in Jakarta.
CMNP recorded revenue of IDR572 billion at the end of December 2008, rising 15.2% from IDR496.2 billion in 2007, while the company's net profit dropped 39.93% at IDR72.44 billion from IDR120.59 billion in 2007. (irawan/bd)
StockWatch (Jakarta) - Tollroad construction company PT Citra Marga Nusaphala Tbk (CMNP) has decided not to pay dividends for the 2008 fiscal year, the company's president Shadik Wahono said.
He said the company has decided to keep IDR2.44 billion of the company's IDR72.44-billion net profit in 2008 as reserve, and to withhold the IDR70 billion of the profit.
"Our shareholders have approved the whole agenda of the meeting as well as the management's decision not to pay dividends for 2008 fiscal year," he said in a public expose today (Monday 29/6) in Jakarta.
CMNP recorded revenue of IDR572 billion at the end of December 2008, rising 15.2% from IDR496.2 billion in 2007, while the company's net profit dropped 39.93% at IDR72.44 billion from IDR120.59 billion in 2007. (irawan/bd)
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