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Česká zbrojovka is heading for the stock exchange

Česká zbrojovka will offer shares worth up to 150 million euros (four billion crowns) on the Prague Stock Exchange. It will publish detailed information when the plan is approved by the CNB. At the same time, the company stated on Wednesday that its net profit fell by 23.5 percent year-on-year to 382 million crowns in the first half of the year. However, the number of weapons sold increased by 15 percent to 228,200.

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