Jakarta - PT Indo Tambangarya Megah Tbk (ITMG) has determined the payment of the remaining cash dividend for the 2021 financial year at Rp 3,040 per share.

Based on information disclosed on Monday (3/28), the company will pay dividends on April 22, 2022.

In 2021, ITMG recorded a profit for the year attributable to owners of US$475,570 million, a 12-fold increase from the previous year's achievement of only US$39.46 million.

The net profit gained thanks to the surge in net income, which doubled to US$2.07 billion from US$1.18 billion. However, the cost of revenue also jumped to US1.16 billion from US$986.18 million.

The total assets of the company's ITMG until the end of December 2021 were recorded at the US $ 1.66 billion, with cash and cash equivalents of US $ 690.97 million.