Porsche profit

STUTTGART: Porsche AG announced a group profit of about $51 million for the first six months of the company's present fiscal year (Aug. 1, 1997 through Jan. 31, 1988).

In the same period of the previous fiscal year, profits were $30.2 million. Compared with the first six months of the previous year, sales of Porsche sportscars rose 10 percent to 14,900 worldwide.