EXCL – To disburse 30% - 50% of profit in dividend

XL Axiata plans to distribute dividends for 2022 amounting to 30% - 50% of total net profit. The exact figure will still wait for the General Meeting of Shareholders on May 5, 2023. As an illustration, in 2021 the company distributed dividends of IDR552 bn or equivalent to 50% of the company's net profit. For 2022 the company managed to record a net profit of IDR1.1 tn, so there is a potential dividend of IDR332 bn - IDR554 bn. For 2023, the company targets revenue growth and has prepared capital expenditure of IDR8 tn. (Source : Investor Daily)