Samindo Resources (MYOH) Set aside 80% Profit for Dividend
PT Samindo Resources Tbk. (MYOH), a coal mining contractor, allocates 80% of its 2017 net profit for dividends to shareholders.
President Director of PT Samindo Resources Kim Jung Gyun conveyed, same as 2016 fiscal year, this year the company allocates 80% of net profit from fiscal year 2017 for dividend.
"The benefit of our shareholders is prioritized because we have been able to benefit many people and the government of Indonesia for 25 years," he said on Monday (26/2).
Currently, it is still in the process of auditing the financial statements, so it can not mention the achievement of net profit in 2017. Meanwhile, the dividend decision will be taken in the General Meeting of Shareholders (AGM) in early May 2018.