UPDATE 2-Astra Q1 net hit by lower forex gains

Newswire

(Adds analyst comments, details) JAKARTA, April 30 (Reuters) - Dominant Indonesian car maker PT Astra International reported a lower quarterly net profit on Wednesday because of much lower foreign exchange gains. But analysts welcomed operating profit growth of 28 percent and said continued firm economic growth and new car launches would keep sales growing later this year. The auto giant, with annual revenue equivalent to two percent of Indonesia's GDP, posted a net profit of 842.31 ...

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