PTBA Distributes Dividends Worth IDR 7.9 Trillion

PTBA Distributes Dividends Worth IDR 7.9 Trillion

PT Bukit Asam Tbk (PTBA) distributed cash dividends from the 2021 financial year with a total value of IDR 7.9 trillion or IDR 688.5 per share on Friday (24/06).

“In accordance with the decision of the Annual General Meeting of Shareholders (AGM) for the 2021 financial year which was held on May 24, 2022, PTBA distributed 100 percent of the Company’s net profit for the 2021 financial year as dividends,” said PTBA’s Corporate Secretary, Apollonius Andwie.

Cash dividends are distributed to shareholders whose names are registered in the register of shareholders of the Company on 7 June 2022 or recording date.

Throughout 2021, PTBA recorded positive performance from an operational and financial perspective. The Company’s coal production reached 30.0 million tons with rail transportation of 25.4 million tons and coal sales of 28.4 million tons.

Meanwhile, revenue reached Rp 29.3 trillion with a net profit of Rp 7.9 trillion. This net profit is also the highest net profit achievement in the history of the Company’s operations.

PTBA also succeeded in transferring treasury shares amounting to Rp 303,148,100 shares at a price of Rp 2,280 per share with the funds received by the Company excluding the transfer fee of Rp 691,177,668,000.

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