Indonesia's Astra Q1 net profit jumps 76 pct

Newswire

JAKARTA, April 30 (Reuters) - Indonesia's largest diversified company, PT Astra International Tbk , reported on Wednesday a 76 percent rise in first-quarter net profit, thanks to strong automotive sales and rising palm oil prices. Astra, the third largest company on the Indonesian stock exchange with a market value of $8.5 billion, said its January-March net profit climbed to 2.25 trillion rupiah ($243.8 million) from 1.28 trillion a year earlier. The company, which has business ...

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