Indonesia's Astra 9-mth net profit up 53 pct y/y

Newswire

JAKARTA, Oct 31 (Reuters) - Indonesia's largest automotive distributor, PT Astra International Tbk , on Wednesday reported a 53 percent rise in nine-month net profit to 4.58 trillion rupiah ($503.3 million), thanks to a recovery in vehicle sales, and strong commodity prices. The company, in which Jardine Cycle & Carriage Ltd. has a 50.1 percent stake, said its sales revenue rose 23.4 percent to 50.62 trillion rupiah in the January-September period from 41.01 trillion rupiah a year ago. ...

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