Bristol profit sharply rose 64%

PT Bristol-Myers Squibb Indonesia Tbk in semester I/2009 recorded IDR75.09 billion net profit or sharply jumped 64.02 percent as from the IDR45.78 billion last year.
The corporate financial statement last week reported the swelling net profit went along with the IDR220.89 billion sales or rose 28.06 percent as from IDR172.48 billion in 2008.
The management also reported the soaring corporate current obligation into IDR139.67 billion or rose 51.48 percent as from IDR92.20 billion last year.
Up to semester I/2009, the total cash or corporate equal cash stood at IDR95.27 billion or doubled from the IDR31.31 billion last year.
The major shareholder of Bristol-Myers formerly was said to sell their shares possession. Some of the companies planning to buy Bristol shares are PT Kalbe Farma Tbk dan PT Saratoga Capital.