KLBF – To disburse IDR1.76 tn in dividend

Kalbe Farma (KLBF) through its AGMS agreed to distribute IDR1.76 tn as dividend in 2023. This figure is equivalent to IDR38 per share (1.8% yield, price as of 3 May 2023). Dividend will be distributed 30 days after the announcement of the result of the AGMS. For the year 2023, KLBF targeted 13% yoy – 15% yoy groth, the company also prepares IDR1 tn for capex that will be used to increase the production capacity and distribution network. (Source : Investor Daily)