Company News
Millenium Pharmacon Targets Sales to Increase 17 Percent
www.etrading.co.id, 2006-05-11
PT Millenium Pharmacon International Tbk predicted that the company’s sales volume will grow by 17 percent.
Millenium Pharmacon’s Profit Declines Due to Exchange Rate Loss
www.indofinanz.com, 2005-03-07
In 2004, PT Millenium Pharmacon International Tbk booked net profit of Rp 3.87 billion, which has a 16.9 percent decline compared to 2003’s Rp 4.66 billion. Based on the company’s 2004 financial report, the company’s net sales increased from Rp 302.22 billion to Rp 421.28 billion. However, due to increasing additional costs, the profit plummeted. One cause of the plummeting profit was higher exchange rate difference from the initial Rp 3.32 billion to Rp 3.52 billion.
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