UPDATE 1-Indonesia's Astra Q1 net profit jumps 76 pct

Newswire

(Adds details) By Nury Sybli JAKARTA, April 30 (Reuters) - Indonesia's largest diversified company, PT Astra International Tbk , reported on Wednesday a 76 percent rise in first-quarter net profit, thanks to strong automotive sales and rising palm oil prices. However, the company, which has interests ranging from automotive to plantation and financial services, warned high oil prices and inflation could pose some challenge for the third-largest company in the Indonsian stock market. ...

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