Malaysia Sime Darby Q1 profit up 17 pct


KUALA LUMPUR, Nov 26 (Reuters) - Diversified Malaysian conglomerate Sime Darby Bhd posted a 17 percent rise in first-quarter earnings on Tuesday, boosted by higher palm oil prices, but warned of tougher time ahead. One of Asia's oldest conglomerates, Sime has diversified businesses spanning plantations, property, tyre manufacturing, car distribution and power generation. Net profit rose to 214.1 million ringgit ($56.3 million) for the three months to end-September from 183.4 million ...

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