PTBA - Will distribute dividends for the 2022 in 2023

Bukit Asam (PTBA) posted revenue of IDR31.07 tn as of Q322. This value jumped 60.31% yoy from the previous IDR19.38 tn. PTBA achieved profit for the year attributable to owners of the parent entity of IDR10 tn. The net profit jumped 109.75% yoy from IDR4.76 tn previously. If you look further, PTBA distributed dividends with a large value in the last 2 years. In the 2021 financial year, PTBA distributed dividends with an amount of 100% of its 2021 net profit of IDR7.9 tn or IDR688.51 per share. Meanwhile, in the 2020 financial year, PTBA distributed dividends of IDR835 bn. The dividend ratio reached 35% of net profit of IDR2.4 tn. (Source : Investor Daily)