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INDONESIA'S ASTRA POSTS 33.3 PCT DROP IN NET PROFIT IN JAN-SEPT.
JAKARTA, Nov 1 Asia Pulse - PT Astra Internasional (JSX:ASII), Indonesia's largest publicly listed automotive distributor and manufacturer, saw a 33.3 per cent drop in its net profit to Rp2.992 trillion (US$328.88 million) in the first nine months of 2006 compared to that in the same period last year.
The drop followed a decline in the sale of automotive products, the company's president director, Michael D. Ruslim, said here Tuesday.
Net sales fell 14 per cent to Rp40.214 trillion from Rp46.75 trillion, cutting operational profit by 27.8 per cent to ...
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