Indonesia's United Tractors posts flat H1 net profit

Newswire

JAKARTA, July 29 (Reuters) - PT United Tractors , Indonesia's biggest heavy equipment provider, posted a 0.8 percent rise in its first half 2010 net profit on Thursday, as revenues climbed but costs increased. The firm, Indonesia's largest mining contractor, posted a 1.888 trillion rupiah ($209.8 million) net profit in the first half of the year, versus 1.873 trillion rupiah a year earlier. The company's net revenue climbed 30 percent to 18.08 trillion rupiah. Indonesia is expected to ...

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