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Malaysia's Sime aims for 1 bln rgt profit in 2006

KUALA LUMPUR, March 22 (Reuters) - Sime Darby (SIME.KL>, one of Malaysia's oldest conglomerates, said on Wednesday it is aiming to earn net profit of 1.006 billion ringgit ($272.3 million) by the end of fiscal 2006, compared with 801 million ringgit a year ago.

Sime, with interests including in construction, autos, property and heavy equipment, said it is also aiming to earn 1.4 billion ringgit by fiscal 2008.