Straits Asia's net profit up 263% in 1H

STRAITS Asia Resources has posted a 264% increase in net profit to $US56.4 million ($A62.7 million) for the first half of 2008.

Straits Asia's net profit up 263% in 1H Straits Asia's net profit up 263% in 1H Straits Asia's net profit up 263% in 1H Straits Asia's net profit up 263% in 1H Straits Asia's net profit up 263% in 1H

The Singapore-based company said the result was achieved on the back of a 91% rise in revenue to $265 million and record production of 4.

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