Sampoerna's profit up 129%

Fri, 20 Jan 1995, 00:00 WIB

JAKARTA (JP): HM Sampoerna, a publicly listed cigarette maker,
estimates that its after tax profit for 1994 increased by 129
percent to Rp 241 billion (US$109.54 million) over the previous
year.

Executives also told the company's shareholders at an annual
meeting here Wednesday that according to a yet to be audited
report the firm's net sales grew by 52 percent to Rp 1.35 billion
in 1994.

In addition, they reported that the firm's total assets
increased to Rp 1.20 trillion as of last December from Rp 964.95
billion as of the end of 1993. (hdj)

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