JAKARTA (Indonesia Today) – PT Hexindo Perkasa Tbk (HEXA), unit of Hitachi Co Ltd, will pay dividend of US$32.5 million, or US$0.038 per share, for 2011 fiscal year.

The dividend payment represents 45% of 2011 net profit of US$72.27 million. The dividend payment or distribution is scheduled for October 31, 2012.

Syamsu Anwar, HEXA’s president director, said the company expects to book revenue of US$738.59 million this year, while net profit is expexted to decline to US$64.91 million.

As of July 2012, Hexindo recorded sales of US$266 million, mainly contributed by heavy equipment sales of US$183 million. While net profit was US$27.14 million.

Hexindo to spend US$30 million for capital expenditure (capex) this year. (hans@theindonesiatoday.com)