Malaysia Sime Darby Q3 profit down 18 pct


KUALA LUMPUR, May 29 (Reuters) - Malaysian conglomerate Sime Darby Bhd posted an 18 percent fall in third-quarter net profit on Thursday due to lower contributions from its property and motor business. Sime said net profit fell to 148.2 million ringgit ($39 million) in the three months to end-March 2003 versus 181.4 million ringgit in the same period a year earlier. Revenue rose three percent to 3.1 billion ringgit. "Higher profits were recorded for the plantations and energy divisions ...

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