Dynaplast to give dividends

Dynaplast to give dividends

JAKARTA (JP): PT Dynaplast, a producer of plastics, will distribute 1994 book-year dividends of Rp 75 (3.24 U.S. cents) per share to its shareholders.

Dynaplast plans to construct a new plant in addition to its two existing ones. It increased its sale revenues by 50 percent in 1994 to Rp 42.9 billion from 1993, while its after-tax profits increased to Rp 8.4 billion from Rp 5.5 billion.

The company said in a statement here Tuesday that it expects sale revenues of Rp 60 billion this year. (32)