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PLIVA'S INCOME RISES BY 24.5% IN FIRST NINE MONTHS OF 2002

ZAGREB, Nov 16 (Hina) - In the first nine months of 2002, the pharmaceutical company Pliva earned an income of 4.48 billion kuna (EUR597.33 million), which is 24.5% more than in the same period last year, the head of Pliva's office for relations with investors, Erika Kaspar, said.
ZAGREB, Nov 16 (Hina) - In the first nine months of 2002, the pharmaceutical company Pliva earned an income of 4.48 billion kuna (EUR597.33 million), which is 24.5% more than in the same period last year, the head of Pliva's office for relations with investors, Erika Kaspar, said. #L# The company's net profit in said period rose by 18% to 847.3 million kuna (EUR112.97 million), while profit per share increased by 30%, Kaspar said. The increase in income is primarily the result of a 51.6% rise in prescription drug sales (EUR310.66 million), while overall sales increased by 33.7% to EUR493.33 million. The increase in prescription drug sales is attributed to Pliva's two recent acquisitions - Germany's AWD and Sidmak from the United States. (hina) rml

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