Revenue Grows 57, Semen Baturaja Shares Dividends of IDR 24 Billion – 2024-06-05 10:26:39

Illustration (MI/Dwi Apriani)

PT Semen Baturaja (SMBR), a subsidiary of PT Semen Indonesia (SIG), will distribute money dividends amounting to IDR 24.31 billion or 20% of web revenue for the 2023 monetary 12 months. In the meantime, the remaining 80% or equal to IDR 97.26 billion is designated as retained incomes.

This was agreed upon by the shareholders on the Annual Normal Assembly of Shareholders (AGMS) for the 2023 SMBR Fiscal 12 months, which was held in Jakarta, Wednesday (29/5).

SMBR President Director Suherman Yahya revealed that this 12 months’s dividend distribution elevated in comparison with the earlier 12 months which solely amounted to IDR 18.96 billion. This reveals the corporate’s dedication to persevering with to supply added worth to shareholders.

Semen Baturaja posted a web revenue of IDR 121.57 billion in 2023. This achievement elevated 57% in comparison with the 2022 interval which was solely IDR 77.3 billion.

“The corporate closed 2023 with numerous achievements, each by way of monetary efficiency, manufacturing and sustainability,” mentioned Suherman in a written assertion, Friday. (31/5).

The corporate recorded that the whole gross sales quantity of cement over the previous 12 months grew 7.56 p.c to 2.16 million tons. Supported by these gross sales, in 2023, SMBR recorded income of IDR 2.04 trillion or a rise of 8% from the earlier 12 months.

In keeping with Suherman, the achievement in 2023 can’t be separated from the success of the corporate’s strategic initiatives by way of the SMBRGO45 effectivity program which began from 2020 to 2023. This program is the corporate’s flagship program to optimize prices in numerous sectors and apply greatest practices in operations in order that it may well obtain optimistic efficiency.

“We additionally proceed to synergize and coordinate with Holding SIG as strategic supervisor and operational implementer of selling and gross sales actions,” he mentioned.