Czech Skoda Auto H1 net profit falls 33 pct

Newswire

PRAGUE, July 28 (Reuters) - Skoda Auto, a unit of Germany's Volkswagen and the biggest Czech export earner, said on Monday its first-half net profit dropped 33 percent year-on-year to 977 million crowns ($34.97 million). Sales dipped to 76.08 billion crowns from 77.04 billion a year ago and unit car sales were down at 226,266 from 228,386 last year, Skoda said in a statement. Skoda is the largest Czech company in terms of revenues.

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