United Tractors' dividend

Tue, 28 May 1996, 00:00 WIB | Source: JP

JAKARTA(JP): Publicly-listed PT United Tractor, a distributor
of plant equipment, announced yesterday that it has received its
shareholders' approval to pay a dividend of Rp 130 per share (5.5
U.S. cents), totaling Rp 17 billion.

The company said in a statement that its consolidated net
sales reached Rp 1.6 trillion last year, an increase of 29
percent.

Its net profits rose 27 percent from 1994 to Rp 58 billion
last year.

The company's earning per share also increased from Rp 344 in
1994 to Rp 424 last year. (alo)

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