The Company has a dividend policy to distribute a minimum of 40% of net profits, as indicated in the financial statements, after deducting corporate income taxes and setting aside for all types of reserve. The consideration for dividend payment is based on various factors to prioritize maximizing benefits for shareholders while ensuring that it does not significantly impact the Company's operations. However, this dividend payout may be subject to change based on the Company's performance, financial status, cash flow, liquidity, working capital, operational plans, expansion plans, investment plans, market conditions, debt burden, terms and conditions of loan agreements, as well as other relevant factors considered by the Company's management.
The approval of dividend payouts by the board of directors must be presented for approval at shareholder meetings, except for interim dividends. The board has the authority to approve the process when it appears that the Company has sufficient profits to pay dividend and do not adversely affect its operations. Any dividend approvals made by the board must be reported at the next shareholders' meeting.