JAKARTA (Yosefardi) – PT Matahari Department Store Tbk (LPPF) plans to pay dividend of Rp460.2 billion, or Rp157.7 per share, representing 40% of 2013’s net profit.
The company booked net profit of Rp1.15 trillion last year, grew by 50.3% from Rp770.9 billion in 2012. While revenues increased 20.2% to Rp6.75 trillion. Its assets totaled Rp2.94 trillion while liability reached Rp3.72 trillion.
The company will also allocate the rest of 2013’s profit (Rp690 billion) as the retained profit.
LPPF opened 9 new outlets last year, to total 125 outlets accross the country.