Czech Post Office sees rise in profits

The Czech Post Office has announced pre-tax profits of 794,5 million crowns for 2007, a 140 percent increase on the previous year’s figures. The increase is partially attributed to a drop in investments, which fell from two million crowns in 2006 to around half a million in 2007. The Czech Post Office has spent a number of years modernising and updating its services. The increase in profits is contrasted by a modest 0.6% increase in turnover to 17,646 billion crowns.

Author: Dominik Jůn