Multipolar's profit up

Tue, 12 Sep 1995, 00:00 WIB | Source: JP

JAKARTA (JP): Multipolar, a publicly-listed service company,
yesterday announced a 40 percent increase in its net profit to Rp
7.9 billion (US$3.5 million) during the 1994/1995 fiscal year,
which ended on June 30, from Rp 5.6 billion in the previous
fiscal year.

After an annual meeting of its shareholders yesterday, the
company said in a statement that it would distribute a cash
dividend of Rp 55 per share, a bit higher than the Rp 45 per
share in the previous year.

Multipolar also announced the establishment of its new
subsidiaries, PT Multipolar Lokasindo for JCPenney fashion
outlets, PT Multipolar Perkasa and PT Sakamitra Multikarya for
Wal-Mart superstores, PT Prasetya Khameswara for Kerry Leisures
entertainment centers and PT Multipolar Pratama as an investment
unit. (rid)

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