Indonesia Astra's Q2 net profit rises 19 pct

Newswire

JAKARTA, July 26 (Reuters) - PT Astra International , Indonesia's main vehicle distributor and biggest listed company, said on Thursday second-quarter net profit rose 19 percent, driven by strong auto sales despite declining profit in its palm oil division. Astra, which is controlled by Singapore's Jardine Cycle & Carriage Ltd, saw second-quarter net profit at 5.1 trillion rupiah ($537.8 million), up from 4.3 trillion rupiah in the same period a year ago, Reuters ...

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