Darya-Varia Turns to Loss

JAKARTA (Yosefardi) – Pharmaceutical company PT Darya-Varia Laboratoria Tbk (DVLA) suffered loss of Rp17.42 billion in first quarter of this year, compared to profit Rp43.79 billion in the same period of last year. Net sales dropped 24% to Rp217.32 billion from...

Daria-Varia to Merge with Prafa

JAKARTA (Yosefardi) – Pharmaceutical company PT Daria-Varia Laboratoria Tbk (DVLA) plans to merge with PT Pradja Pharin (Prafa). The merger is targeted to be effective by June 30, 2014. DVLA now has 2 global-scale manufacturing facilities in Gunung Putri (Bogor)...