Czech Brokerage House Patria Finance Boasts 9-Fold Profit Increase
The largest Czech securities dealer Patria Finance’s unconsolidated non-audited net profit soared by more than nine times year-over-year to CZK103.1 million (US$4.5 million) in 2005, while its gross profit added nearly 700% y/y to CZK146.3 million, brokerage chairman Jan Klenor announced.
May 7, 2006