February 27, 2017 / 9:37 AM / 5 months ago

Indonesia's Astra International 2016 net profit rises 4.8 pct

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JAKARTA, Feb 27 (Reuters) - Indonesian conglomerate PT Astra International Tbk on Monday reported a nearly 5 percent rise in 2016 net profit from a year earlier.

The company posted a net profit of 15.16 trillion rupiah ($1.14 billion) for the full year ended Dec. 31, compared with 14.46 trillion rupiah in 2015. It did not immediately provide a reason for its financial performance.

Astra has businesses in car distribution, plantations, mining equipment and financial services. ($1 = 13,341.00 rupiah) (Reporting by Eveline Danubrata; Editing by Sherry Jacob-Phillips)

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