The world's best trading desk during the latter half of 2008 belonged to Porsche Automobil Holding, as the automaker made a 5.55 billion euro ($7.3 billion) profit over six months in large part by catching out those who bet against Volkswagen.
Porsche said in the six months to Jan. 31 its profit climbed to 5.55 billion euros from 1.26 billion euros. Gains from dealing in VW shares contributed 6.8 billion euros to the Stuttgart automaker's pretax profit of 7.3 billion euros.
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