UPDATE 1-Malaysia Sime Darby Q1 profit up 17 pct


(Releads, adds details) By Syed Azman KUALA LUMPUR, Nov 26 (Reuters) - Malaysia's Sime Darby Bhd, one of Asia's oldest conglomerates, on Tuesday reported first quarter earnings, boosted by higher palm oil prices, rose 17 percent over year ago levels, but warned of tougher times ahead. Sime has diversified businesses spanning plantations, property, tyre manufacturing, power generation, and car distribution for Ford and BMW in Malaysia, Hong Kong and Singapore, and Nissan in China. Net ...

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