Jakarta (ANTARA News) - Retail giant PT Matahari Putra Prima Tbk (MPPA) said shareholders agreed at their annual meeting on Thursday to distribute Rp32.26 billion of its last year`s profit as dividends, or equal with Rp6 per share.

The dividends represented 30.7 percent of the company`s net profit, MPPA corporate secretary Danny Kojongian said.

According to the company`s report conveyed to the Capital Market and Financial Institution Supervisory Board (Bapepam-LK), the company booked a net profit of Rp120 billion last year.

Danny said Rp2 billion of the net profit would be used as reserve fund and Rp70.77 billion as retained earnings. (*)

Editor: Kunto Wibisono
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