LPPF – Proposes dividend of IDR300 per share

LPPF – Proposes dividend of IDR300 per share Matahari Department Store (LPPF) has proposed a dividend distribution of IDR300 per share from its 2024 net profit of IDR827.6 bn during the earnings call on March 12, 2025. Moreover, LPPF will continue expanding its exclusive brand collection and exploring new categories, such as home essentials. LPPF will also expand stores with specialized formats, such as SUKO and ZES, rationalize and reduce underperforming stores, and renovate category A stores. (Source : Bisnis Indonesia)