On Wednesday, 14 June 2023, a Shareholders General Meeting and a Shareholders Extraordinary General Meeting were held to discuss and report Lautan Luas’s performance in 2022 and the company’s plans for 2023. All Directors of Lautan Luas were in attendance.
RUPS decided to distribute a dividend of 50 per share. It should be noted that Lautan Luas distributed an interim dividend last year of IDR 25 per share. With this dividend increase, the company’s total dividend in 2022 will be 75 per share.
At the meeting, Lautan Luas also announced the addition of KBLI. The company added 5 new business fields in its business activities. Eurike Hadijaya, Investor Relations Manager of Lautan Luas said, “We hope that the addition of new business fields will strengthen our focus on the water treatment industry by providing complete solutions in water purification and waste treatment according to existing water needs.” The company invested IDR 200 million to add to this line of business and the financing was taken from the company’s internal cash.
Eurike added that the company will continue its planned sustainable performance growth strategy in 2023. “We will always update technology, carry out product development and market development, so we are optimistic that performance will continue to increase in the following periods. he said in an official statement on 14/6
About PT Lautan Luas Tbk
PT Lautan Luas Tbk was founded in 1951, and started its business as an importer and distributor of basic chemicals for the batik and food industries in Indonesia. PT Lautan Luas Tbk now has 11 manufacturing facilities (9 in Indonesia, 2 in China), distributes more than 1,000 chemical products, and serves more than 2,000 customers from the industrial sector throughout Indonesia and the Asia Pacific region.
For further information, please contact:
Investor Relations Division
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