Oct 25, 2010

Indika to pay Rp48 interim dividend

Engineering and coal mining company PT Indika Energy Tbk (INDY) will distribute Rp249.94 billion or Rp48 per share interim dividend on November 30 2010.
The interim dividend will be counted by Indika to the final dividend which will be decided during annual general meeting of shareholders for the fiscal year of 2010.
Indika has set a 89.9% growth in net profit to US$146.6 million this year from last year's position at US$77.2 million.
Net revenue is estimated to rise 81.2% from US$264.5 million in 2009 to US$479.4 million in 2010.  Capital expenditure is set to enlarge by 126.3% from US$41.1 million in 2009 to US$93 million.
Disclosure: No position at the stock mentioned above.

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