Gajah Surya's dividends

JAKARTA (JP): PT Gajah Surya Multi Finance will pay dividends of Rp 100 (4.2 U.S. cents) per share, totaling Rp 16 billion or 54 percent of its net profits last year.

The company said in a statement yesterday that its net profits increased by 72 percent to Rp 29 billion last year, up from Rp 17 billion in 1994, while its earnings per share rose to Rp 185 from Rp 156.

The company's net revenues last year were Rp 157 billion, of which Rp 54 billion came from interest, Rp 32 billion from insurance underwriting, Rp 26 billion from leasing, Rp 20 billion from consumer financing, Rp 8 billion from fees and commissions, Rp 6 billion from securities administration fees, Rp 6 billion from factoring and Rp 3.5 billion from other sources.

Total assets rose by 44 percent to Rp 770 billion as of the end of last year. (alo)