Sep 15, 2011

Surya Citra to distribute Rp205 dividend

PT Surya Citra Media Tbk (SCMA), a parent company of Surya Citra Television that is controlled by Sariaatmadja family, today announces a Rp205 per share of interim dividend.
The company will distribute the dividend after it has been approved by board of commissioner and director on September 13 2011. Cum dividend is set on October 3 2011 in the regular and negotiation markets.
The company reported Rp382.63 billion net profit in the first half of this year, a 81.82% jump from Rp210.44 billion a year earlier. 
Operating profit rose 57.93% to Rp515.67 billion in 1H 2011 from Rp326.51 billion in 1H 2010. Surya Media's net revenue increased 26.83% to Rp1.12 trillion from Rp879.29 billion. Cash from operations grew 35.27% to Rp500.77 billion from Rp370.20 billion.
PT Elang Mahkota Teknologi Tbk controls  85.26% stake in Surya Media, Fofo Sariaatmadja owns 0.09%, and public investors hold 14.65%.

Disclosure: No position at the stock mentioned above. Print This Article

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