Merck's Sales, Net Income Rise
. here announced net income for the fourth quarter of 1993 was up 11% to $674.2 million, or 56 cents a share. In 1992, Merck's net income was $609 million. The company's fourth-quarter sales rose 15% to $3 billion from $2.6 billion in 1992.
For the year, the pharmaceutical maker also showed an increase in net income and sales. Merck's 1993 net income was $2.1 billion, up 9% from $1.9 billion. Sales rose 9% in 1993 to $10.5 billion. Sales for