Tag Archives: Truong Hai Auto

Astra Group Drive Down Jardine C&C’s Profit

Challenging conditions, especially in Indonesia, weighed on half-year earnings at conglomerate Jardine Cycle & Carriage. Net profit for the six months to June 30 slid 9 per cent to US$328 million (S$439 million) due largely to lower earnings in automotive group Astra’s financial services and heavy equipment and mining businesses. Revenue for the first half declined 6 per cent to

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VIETNAM Car Sales Surge in June

Vietnamese people bought more than 24,400 cars in June, an increase of 31 per cent compared with the same period last year, the Vietnam Automobile Manufacturers’ Association said. Passenger cars were the market leaders with sales of 12,916 units, following by commercial cars with 10,325 units and special-purpose vehicles with 1,180 units. In the first half of this year, nearly

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