e healthy consolidated results for 1996. The company forecast unconsolidated gross profit at 600-700 million crowns ($21.6-$25.2 million) for last year on turnover of 27 billion crowns. Consolidated 1996 net profit of Skoda, based in the western city of Plzen and not affiliated with the car maker now owned by Volkswagen AG, is seen at zero to 100 million crowns. Skoda holds a 52 percent stake in Liaz and 43 percent in Tatra. The management of Skoda has said the two truck-makers should be profitable in 1997, but analysts are sceptical. Skoda's low basic capital, which creates a high ratio of indebtedness, seems to be a problem especially for the further development of the company, analysts said. Skoda has hinted it is considering raising basic capital, but that could not come until after the second half of 1997. Most analysts recommend a short- to medium-term hold on the stock, but longer-term prospects are still seen as positive. "I think that by the end of 1997 the price could be over 1,300 crowns," Tomas Navratil from AKRO Capital said.