Increases At Sime

Malaysian conglomerate Sime Darby posted a 16 per cent rise in half year net profit and expects to see full year figures ahead of the previous year’s. However, Sime’s tyre division, DMIB Bhd posted a net loss of 5.8 million ringgit (1,758,000 Euro) against a previous year’s profit of 10 million ringgit (3,031,000 Euro).