Astra Agro Lestari pays $6.76m in dividends despite declining revenue
Publicly listed palm oil company PT Astra Agro Lestari announced Wednesday that it would spend 45 percent of last year’s profit, around Rp 94.95 billion (US$6.76 million) in dividends, rewarding its shareholders despite declining productivity. The company, which is a subsidiary of diversified conglomerate PT Astra International, will pay a lower dividend per share of…
