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Toto pays IDR74.3 billion cash dividend

JAKARTA: PT Surya Toto Indonesia Tbk, a listed company engages in Sanitary Wares, Plumbing Fitting & System Kitchen, pays dividend for fiscal year 2010 at IDR1,500 per share.Such dividend payment totaling to IDR74.3 billion or 38.3% of last years net

JAKARTA: PT Surya Toto Indonesia Tbk, a listed company engages in Sanitary Wares, Plumbing Fitting & System Kitchen, pays dividend for fiscal year 2010 at IDR1,500 per share.Such dividend payment totaling to IDR74.3 billion or 38.3% of last years net profit.The dividend payment has been approved in todays shareholders meeting, Totos Director Juliawan Sari said.Interim Dividend at IDR700 per share has been announced and paid on January 5, 2011, while the remaining IDR800 per share will be paid on July 20, 2011, he said in public disclosure, today.The company posted IDR1.12 trillion throughout last year or 14.4% higher compared to IDR980.32 billion a year earlier.Meanwhile, its net profit income reached IDR193.79 billion or 6% higher compared to last year at IDR182.82 billion.Surya Toto will use US$6 million of the net profit to add its capital and the remaining as retained earnings. (t06/msw)

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