Article: Policske strojirny raises output, but sees sales fall to CZK 260 mln in 2002.

Policske strojirny raises output, but sees sales fall to CZK 260 mln in 2002

Prague. April 23. INTERFAX EUROPE - The Czech engineering firm Policske strojirny raised its output last year but saw sales tumble to CZK 260 mln, 40 % of 2001 sales.

The company blames the drop on a fall in revenues from the sale of goods. Revenues from the sale of its own products and services, on the other hand, rose 14 % yr/yr to CZK 244 mln.

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