Fri, 28 Jun 1996

Schering Plough dividends

JAKARTA (JP): PT Schering Plough Indonesia decided yesterday to increase its final dividend for last year by 25 percent to Rp 750 (US$0.32) per share from Rp 600 in 1994.

At yesterday's annual meeting of the company's shareholders, chief commissioner Ian L. Price reported a sales growth of 32 percent to Rp 39.7 billion in 1995 and a profit growth of 33 percent to Rp 7.3 billion.

The company, a subsidiary of Schering Plough Corporation of the United States, engages in the development and marketing of human pharmaceutical and health-care products. (rid)