IPS announced selected H1 2000 CAS figures on Friday. Consolidated profit sharply rose to CZK 235 mil., vs. CZK 118 mil. in 1999. Parent company pretax profit rose to CZK 142 mil., vs. CZK 99 mil. in 1999. Parent company revenues rose to CZK 6.7 bil., up from CZK 4.5 bil. in 1999. The released figures are good but will have no influence on the stock price due to the minority shareholder buyout offer (CZK 191 per share) and due to the IPS stock-delisting process.
(Ladislav Kovář)