UPDATE 1-Profit jumps for Indonesian carmaker

Newswire

JAKARTA, Oct 31 (Reuters) - Indonesian carmaker PT Astra International Tbk reported on Friday a 28.4 percent jump in its net profit in the first nine months of the year, despite sales only increasing 6.5 percent. The company did not explain the gains, but they may be due to the sale of investments worth some 1.5 trillion rupiah ($176.5 million), compared with just 204 billion a year ago. Earlier this year, the company sold a stake at its manufacturing unit for around $226 million to ...

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