UPDATE 2-Skoda Auto profit jumps, sells more high-end cars

Newswire

(Releads with net profit, adds details, quote) MLADA BOLESLAV, Czech Republic, Feb 23 (Reuters) - Czech Skoda Auto, a unit of German car maker Volkswagen , said its 2005 net profit more than doubled thanks to a rise in sales of the more expensive models in its range. The largest Czech company said on Thursday its consolidated net profit jumped to 7.89 billion crowns ($328.9 million) from 3.37 billion a year ago. Revenue rose 14.5 percent to a company record 187.4 billion crowns. ...

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