S'pore Cycle & Carriage profit jumps 149 percent


SINGAPORE, Oct 30 (Reuters) - Cycle & Carriage Ltd (C&C), Southeast Asia's fourth-largest car company, reported a sharply higher quarterly net profit on Thursday due to a strong performance in its Indonesian car operations. C&C, which owns 35.1 percent of PT Astra International , said net profit for the third quarter to September rose to S$128 million ($73.77 million) from S$51 million. Revenue was up 18 percent at S$1.52 billion. C&C shares surged 5.5 percent to S$5.75 ...

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