EmitenNews.com – PT Jasa Armada Indonesia Tbk (IPCM) officially announced that it will distribute interim dividends to its shareholders for the 2023 financial year amounting to IDR 20,051,730,940 or IDR 3.8 per share

Quoting IPCM’s official statement on Wednesday (27/12), the distribution of this interim dividend is based on the Decree of the Company’s Directors on December 14 2023.

“The Company’s Commissioner through a letter dated December 21 2023, decided and agreed to distribute and pay interim dividends for the 2023 financial year amounting to IDR 3.80 per share or IDR 20,051,730,940 to the holders or owners of 5,276,771,300 shares issued by the Company,” wrote management. BEI, Wednesday (27/12).

The following is the payment schedule and procedures in accordance with the provisions of the Indonesian Stock Exchange, namely as follows:

Cum Interim Dividend in Regular and Negotiated Markets: January 5, 2024
Ex Interim Dividend in Regular and Negotiated Markets: January 8, 2024
Cum Interim Dividend in Cash Market: January 9, 2024
Ex Interim Dividend in Cash Market: January 10, 2024
Recording Date for those entitled to Interim Dividends (DPS): January 9
2024
Implementation of Interim Dividend payment: January 26, 2024

For information, the Indonesian Port BUMN business issuer recorded a profit for the year of IDR 119.78 billion in the third quarter of 2023.

This amount was recorded as an increase of 17.81% from the acquisition for the same period a year earlier of IDR 101.67 billion.

This achievement cannot be separated from the company’s top line performance. Quoting the September 2023 financial report, IPCM posted net income of IDR 858.11 billion, up 27.87% from the previous year’s revenue of IDR 671.05 billion.

In more detail, the main contribution to IPCM’s revenue was obtained from ship services amounting to IDR 756.28 billion or 88.13% of total revenue. Other income contributions were transportation and other services amounting to IDR 70.33 billion or 8.19% and ship management services amounting to IDR 31.50 billion or 3.67%.

Then, revenue from ship towing services consisting of general ports amounting to IDR 326.02 billion, Special Terminals (Tersus) amounting to IDR 227.47 billion and Terminals for Private Use (TUKS) amounting to IDR 163.72 billion.

Along with the increase in income, IPCM’s cost of revenue for the first nine months also increased. The cost of revenue this time increased by 32.95% from IDR 480.68 billion to IDR 639.09 billion. The increase in expenses was mainly contributed by the increase in fuel prices.

Then, recorded operating profit increased to IDR 144.95 billion from IDR 120.33 billion in the previous year. IPCM’s total assets also rose 3.91% from IDR 1.49 trillion in the third quarter of 2022 to IDR 1.55 trillion this time.