Artemis had a killer opportunity yesterday when they helped out PT Bank Central Asia Tbk, aka BCA, with their Annual General Meeting of Shareholders (RUPST). The RUPST decided to dish out a massive cash dividend of Rp 40.7 trillion, which comes out to Rp 205 per share – a jaw-dropping 41.4% increase from last year.
But that's not all. BCA also gave out loans totaling Rp 711.3 trillion, growing by an insane 11.7% YoY or Rp 74.2 trillion from last year's Rp 637 trillion. Jahja Setiaatmadja, BCA's President Director, attributed this growth to the loans and third-party funds (DPK).
This RUPST was such a hot topic that it dominated the news all day long. Artemis was stoked to be a part of it and learned a ton from the experience. We can't wait to apply what we've learned to future clients and opportunities!
Read more about BCA's RUPST: https://www.cnbcindonesia.com/market/20230316141809-19-422253/video-tok-bca-bagi-dividen-rp-205-per-saham