Wednesday, March 14, 2012

Porsche reports $1.5 billion H1 operating earnings

FRANKFURT, Germany (AP) — Porsche says it made over a billion euros in operating profit in the first half as customers in China bought more of its cars.

The figure of €1.07 billion ($1.5 billion) improves on €675 million from the first six months of last year. Revenues rose 19 percent to €5.2 billion.

Porsche AG, maker of the 911 sport car and Cayenne SUV, said …

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