Czech VW unit's 9-month net profit, revenue rise

Newswire

PRAGUE, Oct 29 (Reuters) - Car maker Skoda Auto, a unit of Germany's Volkswagen AG and the biggest Czech company, posted a 62-percent rise in nine-month net profit on Friday on rising sales and lower financial costs. Nine-month net profit soared to 2.37 billion crowns ($95.7 million) from 1.47 billion a year ago, while revenue rose to 112.9 billion from 110.8 billion crowns, Skoda said in a filing with the Prague Stock Exchange where its bonds are traded. Unlisted Skoda's parent reported ...

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