Jakarta (ANTARA News) - The general shareholders meeting of PT Malindo Feedmill Tbk (MAIN) agreed to pay dividends of Rp42.3 billion or Rp25 per share this year.

The dividends represented 20.6 percent of the company`s net profit of Rp205.35 billion last year, Malindo commissioner Tan Lai Kai said here on Thursday.

The dividends would be distributed among shareholders in one to two months` time, he said.

The company recorded net sales of Rp2.63 trillion, up 29 percent from Rp2.04 trillion a year earlier.

The increase was contributed by animal feed sales which rose 51 percent to Rp591 billion from the year before. As a result, the company`s net profit increased to Rp205.25 billion from Rp179.96 billion. (*)

Editor: Kunto Wibisono
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