The Annual General Meeting of Shareholders PT Summarecon Agung Tbk., 2019

On Thursday, June 20, 2019, PT Summarecon Agung Tbk (Summarecon) has held an Annual General Meeting of Shareholders (AGMS) with one of its agendas is the approval of the Company's Annual Report, including the ratification of the Financial Report, and the Board of Commissioners Supervisory Task Report for 2018.

In this year's AGMS, the Board of Directors reported, Summarecon received a total income of IDR 5.6 trillion. The company managed to improve operational performance with an increase in operating profit of IDR 690.6 billion, up 30% from the previous year. The Investment and Property Management Business Unit which contributed the highest operating profit of 17%, followed by the Property Development Business Unit of 9% and other Business Units of 5%. At this Annual General Meeting, Summarecon also decided to distribute dividends amounting to IDR 5 per share, equivalent to 10% of the Company's net profit.