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AKRA Determined Dividend of Rp 200 /shares with Payout 67% for Financial Year 2017

03 May 2018

JAKARTA, 3 May 2018 – PT AKR Corporindo Tbk (IDX ticker code: AKRA.IJ), held the Annual General Meeting of Shareholders ("AGMS") for financial year 2017 today at Merchantile Athletic Club, Jakarta. The AGMS was attended by the Board of Commissioners, the Board of Directors and the shareholders or proxy of AKRA shareholders and fulfilled the quorum as required by applicable law and regulations. On the occasion, the shareholders approved the dividend placement of Rp 801.5 Billion from Net Income of Rp 1,201.7 Billion for the period ended 31 December 2017. This figure represents the final dividend of Rp 200 /shares and 66.7 % portion of net profit attributable to equity holders of the parent entity.

President Director of AKRA, Mr. Haryanto Adikoesoemo stated, "The Company has performed well in 2017. Almost all the Company's financial indicators recorded positive performance throughout 2017. Similarly, in the operational aspects, the Company has strengthened the foundation to achieve sustainable growth. We consistently distribute cash dividends regularly to shareholders. Based on such performance, we pay the final dividend of Rp 801.5 Billion for the fiscal year 2017, or 67% of the net profit attributable to equity holders of the parent entity.”


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