SINGAPORE: C&C reports 2001 profits up 20%, boosted by PT Astra
Reuters reports that Singapore-based vehicle distributor Cycle & Carriage Ltd (C&C) has achieved a 20 percent rise in 2001 net profit to S$120 million ($65.68 million). Its Indonesian auto assembly associate - PT Astra International - managed a substantial rise in contribution to boost C&C's 2001 profitability.
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