Gudang Garam (GGRM) decided to give out dividend of Rp1.5tn of net income which is Rp800/share - Kedai Saham

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Monday, July 1, 2013

Gudang Garam (GGRM) decided to give out dividend of Rp1.5tn of net income which is Rp800/share

GGRM: Gudang Garam (GGRM) decided to give out dividend of Rp1.5tn of net income which is Rp800/share. The lower dividend in FY12 is due to the decreasing revenue which one of the causes was spending on production facility for one of its sector, notably the Pro Mild tobacco product. The net income in FY11 was Rp4.9tn and Rp4.07 in FY12. The hikes of fuel price also impacted GGRM business as consumers tend to limit tobacco consumption. (Tempo)



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