UPDATE 1-Indonesia's Astra Q2 net down 12.4 pct y/y

Newswire

(adds details) JAKARTA, July 31 (Reuters) - Indonesian auto giant PT Astra International reported on Thursday a 12.4 percent drop in second quarter net profit year-on-year, mainly due to lower foreign exchange gains. Astra, 35.1 percent owned by Singapore's Cycle & Carriage Ltd , posted a net profit of 957.5 billion rupiah ($112.6 million) in the three months ended June 30, down from 1.1 trillion rupiah in the same quarter last year, according to a Reuters calculation. In a ...

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