UPDATE 1-Rising liquidity helps boost Audi H1 net profit

Newswire

(Adds details, background) By Christiaan Hetzner FRANKFURT, July 30 (Reuters) - First-half net profit at Volkswagen's premium unit, Audi , rose 67 percent to 679 million euros ($926.9 million), the maker of the TT sports coupe and Q7 luxury SUV said on Monday. The gain in bottom-line earnings, exceeding the already reported 40 percent increase in operating profit, was helped mainly by interest income from the investment of rising net liquidity, coupled with higher income from the ...

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