Indonesia's Inco says Q3 net profit up 3.21 pct
JAKARTA |
JAKARTA Oct 29 (Reuters) - PT International Nickel Indonesia Tbk (INCO.JK) reported a 3.21 percent rise in third-quarter net profit on Thursday.
PT Inco -- in which Brazil's Vale Inco Ltd (VALE5.SA), one of the world's top nickel producers, has a 60.8 percent stake -- said net profit for July-September rose to $75.88 million from $73.515 million in the year ago period.
The firm's revenue dropped 20.17 percent to $249.84 million from $312.95 million. ($1 = 9,580 rupiah) (Reporting by Andreas Ismar; Writing by Fitri Wulandari; Editing by xxx)
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