Ceska sporitelna’s 1H 2001 unconsolidated CAS net profit reached CZK 1.84 bil. (+927% y-to-y) and operating profit CZK 3.79 bil. (+7.4% y-to-y). Both figures did not depart significantly from our forecast range. Nevertheless, far more important will be consolidated IAS results, which will be released on August 8. The CAS figures have only minor relevance and are usually ignored by the market.
(Jiří Soustružník)