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Prolonged Iraq war could mean Astra production cuts

JAKARTA, March 27 (Reuters) - Leading Indonesian carmaker Astra International said it might consider cutting output should the U.S.-led war against Iraq be prolonged and significantly affect sales.

"If the war become prolonged and we see a declining trend in our sales we must cut back our production -- it is the logical way," Budi Setiadharma, the president director of the company, told Reuters on Thursday. Singapore's Cycle and Carriage holds a 35.05 percent stake in Astra.

By the end of Thursday trading Astra's share price was at 2,575 rupiah, up 4.04 percent from the previous day's close, on speculation the company would report robust 2002 financial results.