The investment group PPF, owned by the richest Czech, Petr Kellner, posted
a profit of 150 million euro for the first six months of this year, up from
83 million euro of profit over the same period last year, a spokesman for
the company said on Sunday. One of group’s shareholders, Jiří Šmejc,
said the profit was mainly driven by the firm’s retail and mining
activities in Russia.