Monday, 29 June 2009 10:08:21
StockWatch (Jakarta) - Shareholders of glass manufacturer PT Asahimas Flat Glass Tbk (AMFG) have approved the management's proposal for paying dividends of IDR40 per share for the 2008 fiscal year or totally IDR17.36 billion.
Asahimas' management said in a press release, the company has allocated IDR2.75 billion for reserves, which was taken from the company's 2008 net profit of IDR228.27 billion. The rest of the 2008 net profit which is IDR208.16 billion, management said, will be withheld.
In 2008, Asahimas recorded net profit of IDR228.27 billion (IDR526 per share), rising 47.26% from IDR155.01 billion in 2007, backed by sales that moved up 17% at IDR2.235 trillion from IDR1.909 trillion. (konrad/bw)
StockWatch (Jakarta) - Shareholders of glass manufacturer PT Asahimas Flat Glass Tbk (AMFG) have approved the management's proposal for paying dividends of IDR40 per share for the 2008 fiscal year or totally IDR17.36 billion.
Asahimas' management said in a press release, the company has allocated IDR2.75 billion for reserves, which was taken from the company's 2008 net profit of IDR228.27 billion. The rest of the 2008 net profit which is IDR208.16 billion, management said, will be withheld.
In 2008, Asahimas recorded net profit of IDR228.27 billion (IDR526 per share), rising 47.26% from IDR155.01 billion in 2007, backed by sales that moved up 17% at IDR2.235 trillion from IDR1.909 trillion. (konrad/bw)
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