Metland pays Rp 9.70 per share dividend, retains profits for non-Java hotel expansion
JAKARTA — PT Metropolitan Land Tbk (MTLA) has paid out a cash dividend of 18% of its total net profit for the 2025 fiscal year. The decision was approved at the Annual General Meeting of Shareholders (AGM), held to account for the company’s financial statements. The net profit allocation, converted to Rp 9.70 per share, will be distributed to 7,655,126,330 registered shareholders listed in the official issuer register. The retained earnings decision aims to strengthen internal capital structure to fund physical expansions scheduled for the second half of 2026. For the 2025 fiscal year, Metland recorded cumulative operating revenue of Rp 1.78 trillion. From this total revenue, the company secured attributable net profit of Rp 412.93 billion. This financial performance improvement was not solely dependent on landed house sales but also supported by recurring revenue from the group’s hotel and shopping centre sectors. President Director Anhar Sudradjat explained that the company’s fundamental financial resilience is secure due to disciplined upstream project selection. ‘By April 2026, the company had recorded marketing sales of Rp 677 billion, with approximately 73% from pre-sales and 27% from recurring revenue,’ said Anhar during a public briefing after the plenary meeting on Tuesday, 26 May 2026. For the 2026 fiscal year, management has set a combined marketing sales target of nearly Rp 2 trillion. This realistic approach aligns with the fluctuating purchasing power of metropolitan residents for upper-middle-class housing due to domestic macroeconomic indicators. To secure the Rp 2 trillion target, MTLA is accelerating the completion of two new accommodation infrastructure projects outside Java and in Jakarta’s surrounding areas. The company plans to fully operationalise the Metland Marron Hotel in Tomohon, North Sulawesi, in the second half of 2026 to capitalise on regional tourism growth opportunities.