ADRO - A IDR6.2 tn for interim dividend

ADRO - A IDR6.2 tn for interim dividend Adaro Energy Indonesia (ADRO) has announced an interim dividend of IDR6.2 tn, equivalent to USD400 mn, for the 2023 fiscal year. Approved on December 14, 2023, the decision by its board of commissioners, is contrast with lower net profit of USD1.21 bn (-35.96% yoy) in 9M23 as ADRO's revenue fell by 15.76% yoy to USD4.98 bn. Note that, ADRO will distribute the dividends in IDR currency and based on Bank Indonesia' middle rate on January 2, 2024, to shareholders listed on that date. (Source: Kata Data)