JAKARTA — PT Mitra Pinasthika Mustika Tbk (MPMX) has officially approved a cash dividend distribution of IDR 451.8 billion during its 2026 Annual General Meeting of Shareholders (AGM). This decision comes despite a challenging year marked by a slowdown in the national automotive industry.
The company has set the dividend at IDR 170 per share, representing a dividend yield of approximately 16 percent based on the closing stock price on May 25, 2026. This announcement highlights the company’s commitment to returning value to its shareholders even as the domestic automotive and mobility sectors grapple with weakened consumer purchasing power, vehicle financing hurdles, and a normalization of demand across several key business segments.
Reflecting on its performance for the 2025 financial year, MPMX reported a consolidated revenue of IDR 16.2 trillion, with a net profit reaching IDR 462 billion. Compared to the previous year, the company saw a modest revenue adjustment of about 1 percent, while net profit experienced a 19 percent decline.
Group Chief Executive Officer of MPMX, Suwito Mawarwati, acknowledged that 2025 was a difficult period for the automotive sector. According to Suwito, these market conditions necessitated a careful balancing act between pursuing business growth and maintaining a cautious, strategic approach.
“Amidst these challenging industry conditions, we remain dedicated to maintaining high business quality and strengthening our fundamental operations in a sustainable manner,” Suwito stated. He further emphasized that the decision to increase dividend payouts reflects the company’s confidence in its long-term prospects and its dedication to delivering consistent value to stakeholders.
Moving forward, the company intends to sustain its operational performance by focusing on strict operational discipline, cost efficiency, robust risk management, and the optimization of its business portfolio. By remaining adaptable to market shifts, MPMX aims to navigate current economic pressures and maintain its competitive edge in the Indonesian market.
Summary
PT Mitra Pinasthika Mustika Tbk (MPMX) has approved a cash dividend of IDR 451.8 billion, or IDR 170 per share, following its 2026 Annual General Meeting. This distribution reflects a dividend yield of approximately 16 percent, demonstrating the company’s commitment to shareholder value despite a challenging year for the national automotive industry. The decision comes after a 2025 financial performance characterized by a net profit of IDR 462 billion and consolidated revenue of IDR 16.2 trillion.
Although the company faced a 19 percent decline in net profit and a slight revenue adjustment, leadership maintains confidence in its long-term stability and strategic direction. Moving forward, MPMX plans to navigate ongoing economic pressures by prioritizing operational discipline, cost efficiency, and robust risk management. These efforts are designed to optimize the business portfolio and sustain a competitive edge within the Indonesian market.