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ublicly listed cement producer PT Holcim Indonesia, the local unit of Zurich based Holcim Ltd., announced that it would pay Rp 245.21 billion (US$25 million) in interim dividends this September.

Holcim said that its board of commissioners had approved last Monday the proposal to pay the interim dividend of Rp 32 per share.

According to an announcement on Wednesday, the dividend will be paid on Sept 20. Holcim said that the interim dividend was a result of the company’s strong financial performance in the first half of the year.

“Holcim returns more profit this year to its shareholders, with the
highest dividends in the last two years,” the company said in a written statement.

Holcim has not yet announced its financial performance for the first half of the year. However, the company said that its market share rose to 15.8 percent at the end of June from 15.5 percent in the same period last year. Holcim’s cement sales volume reached 4.08 million tons during the January to June period of the year.