Skoda Auto 2005 profit jumps on rising sales

Newswire

MLADA BOLESLAV, Czech Republic, Feb 23 (Reuters) - Czech car maker Skoda Auto posted on Thursday a large increase in pre-tax profit for last year due to a solid rise in sales of more expensive models in its range, it said on Thursday. The largest Czech company, a unit of German car maker Volkswagen , said its pretax profit soared 108 percent year-on-year to 10.1 billion crowns ($421 million) while revenue rose 14.5 percent to 187.4 billion crowns. For main central European company news, ...

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