Colombian Renault unit first-half net rises


BOGOTA, Colombia, July 29 (Reuters) - Colombia's second-largest auto assembler Sofasa, controlled by France's Renault , reported big increases in operating income and profits in the first quarter, the Securities Superintendency said on Thursday. Net profits climbed to 23.0 billion pesos ($8.7 million) from 2.3 billion pesos in the first half of 2003, on the back of a jump in operating income to 602.2 billion pesos ($228.6 million) from 380.0 billion pesos, the superintendency said. It ...

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