Tempo announces dividend

Tempo announces dividend

JAKARTA (JP): Publicly listed pharmaceutical and cosmetics
producer PT Tempo Scan Pacific said on Friday it had obtained
approval from shareholders to pay a dividend of about Rp 22.5
billion, or Rp 50 per share for the 1999 financial year.

The annual shareholders meeting also approved the company's
new composition of the board of commissioners.

Serving as the chief of the board is Dian P. Tamzil, with
members including Indrawan Roosheroe, Wisnu Katim and Olga
Asihjati Adjiputro.

Tempo Scan, which is listed on the Jakarta Stock Exchange,
booked net sales of Rp 1.33 trillion in 1999, about 50 percent
increase from Rp 889 billion in the previous year.

The company booked a 75.4 percent increase in net operating
profit to Rp 335.2 billion in 1999 from about Rp 191.1 billion in
1998. (udi)