Indonesian Political, Business & Finance News

PALM Decides to Distribute Rp50 Billion Dividend for 2025 Financial Year

| | Source: PASARDANA.ID Translated from Indonesian | Finance
PALM Decides to Distribute Rp50 Billion Dividend for 2025 Financial Year
Image: PASARDANA.ID

The Annual General Meeting of Shareholders (RUPST) of PT Provident Investasi Bersama Tbk (IDX: PALM), an investment company focused on three industrial sectors with strong long-term growth, has decided to distribute a dividend for the 2025 financial year amounting to Rp50 billion, or 2.97% of the 2025 net profit. This decision demonstrates the commitment of PALM’s management to consistently provide optimal added value to shareholders while maintaining the company’s investment growth momentum.

Throughout 2025, PALM recorded a net profit of Rp1.85 trillion, an increase of 193% compared to the previous year. The increase was driven by net gains on investments in shares and equity securities amounting to Rp2.23 trillion. The company’s total assets in 2025 stood at Rp9.19 trillion, up 17% from Rp7.87 trillion in 2024.

President Director of Provident Investasi Bersama, Tri Boewono, explained that the company’s positive performance also reflects the quality and competence of PALM’s human resources in executing investment strategies, enabling the optimisation of every investment opportunity in Indonesia. With the support of top-tier human resources in the investment field, the company actively executes its investment strategy in a prudent, measured, and adaptive manner.

“The dividend distribution for the 2025 financial year decided by today’s RUPST is one proof of our investment team’s excellent performance. We will continue to enhance the capacity and quality of PALM’s human resources to ensure that every investment made by the company can grow positively and sustainably,” explained Tri Boewono, as quoted from a press release on Thursday (18/6/2026).

The company is currently still in an active portfolio expansion phase. Therefore, in addition to providing dividends to shareholders, PALM also retains the majority of its profits to strengthen investment capacity and optimise every high-value opportunity in three main sectors: natural resources; technology, media, and telecommunications; and logistics.

“These three sectors have excellent long-term growth prospects and are key catalysts for Indonesia’s economic growth. We hope that every PALM investment can also create greater added value for improving community welfare,” added Tri Boewono.

Entering 2026, PALM has maintained its positive performance trend. In the first three months, the company posted a profit for the period of Rp2.32 trillion, an increase of 263.3% from the first quarter of 2025. The increase was also supported by a surge in net gains on investments in shares and other equity securities of 287.2% to Rp2.44 trillion. Total assets also increased by 25.6% to Rp11.55 trillion from Rp9.19 trillion.

“The 2025 and first quarter 2026 performance proves that the active investment strategy we are running delivers consistent results. We are building a portfolio in sectors with strong fundamentals and long-term growth prospects,” explained PALM Director, Ellen Kartika.

Ellen revealed that PALM’s performance in 2025 and continuing into early 2026 was influenced, among other things, by the company’s success in completing the divestment of shares in PT Mega Manunggal Property Tbk (IDX: MMLP) through its subsidiary PT Suwarna Arta Mandiri (SAM) in September 2025. Besides providing a large realised gain due to the significant difference between the purchase price and the selling price, this divestment enabled PALM to accelerate debt repayment to strengthen its financial structure and restructure its investment portfolio going forward.

Amidst global geopolitical dynamics and financial market volatility, PALM conducts portfolio management actively and adaptively. One clear reflection of PALM’s active investment approach is its ownership in two world-class mining entities operating in Indonesia: PT Merdeka Copper Gold Tbk (IDX: MDKA) and PT Merdeka Battery Materials Tbk (IDX: MBMA). MDKA, as an integrated gold, silver, copper, and nickel mining company, is in a favourable position amidst the trend of globally high precious and industrial metal commodity prices. As of 31 March 2026, PALM held 1.34 billion shares of MDKA with a fair investment value reaching Rp4.20 trillion. PALM acquired MDKA shares at an average price of Rp512.53 per share, while the current fair value reflects a market price of Rp3,140 per share. PALM’s investment in MDKA shares has increased by 512.65%, meaning the investment value has grown to more than five times the initial capital.

“In challenging economic conditions, assets with defensive characteristics and strong fundamentals become increasingly attractive. MDKA is one example of an investment that we assess as having a strategic position because it is supported by exposure to gold commodities, which are currently showing a positive trend,” said Ellen.

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