Dec 12, 2010

Darya Varia FY10 revenue to rise 7%

Pharmaceutical company PT Darya Varia Tbk (DVLA) estimates that it might post Rp930.01 billion revenue at end of this year, a 7% increase compared to the same period last year.
The company booked Rp869.17 billion revenue last year. By the end of September 2010, Darya posted Rp697 billion revenue, a 7% higher than Rp653 billion a year ago.
Darya Varia's net profit rose 30% to Rp83.4 billion from Rp64.30 billion a year earlier. The company is optimistic that its net profit might reach Rp93.95 billion at end of this year.

Disclosure: No position at the stock mentioned above.  

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