Laurin&Klement issued its very first Annual Report on 30 April, 1908, on the occasion of the first General Meeting. The Annual Report issued this year, i.e., the one for 2007, is thus marking an important anniversary of the existence of the Czech Republic's largest car manufacturer.
Issuing the Annual Report in 1908 was an obligation of the then automobile & motorcycle manufacturer arising from Laurin&Klement's transformation to a joint stock company in 1907. The Report contains key financial information, including a pre-tax profit of 220,887.07 crowns.
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