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The PT Sinar Mas Agro Resources and Technology Tbk (SMART), or PT SMART Tbk, Annual General Meeting of Shareholders (AGMS) agreed to distribute dividends of IDR 750/share to shareholders, or 22% of 2018 retained earnings.
Until the first quarter of 2019, net sales grew 11% to IDR 9.42 trillion from IDR 8.49 trillion over the same period last year, while the operating income also increased to IDR 433 billion. EBITDA (earnings before interest, taxes, depreciation and amortisation) increased to 795 billion.
