UPDATE 1-Porsche says H1 profit rises 11 pct

Newswire

(Adds detail on unit sales, background) FRANKFURT, Jan 23 (Reuters) - German sportscar maker Porsche AG said on Friday its pre-tax profit in the first half of its 2003/2004 fiscal year rose 11 percent to 207 million euros ($263 million) as its Cayenne off-roader boosted sales. The world's most profitable car company said in a statement ahead of its annual general meeting that revenues in the six months to the end of January 2004 had risen 28 percent to 2.82 billion euros, according to ...

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