UPDATE 1-Indonesia Astra says H1 net profit up 16 pct


JAKARTA, July 29 (Reuters) - Indonesia's largest automotive firm, PT Astra International Tbk. , posted a 16 percent rise in half-yearly net profit on strong demand for cars and motorbikes and low interest rates. Astra, owned 48 percent by Singapore's Jardine Cycle and Carriage Ltd. , said on Friday net profit for the six months to June was 3.029 trillion rupiah ($309.4 million) compared with 2.602 trillion rupiah in the same period last year. The company posted 29.6 trillion rupiah in ...

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