Budapest Stock Exchange profit falls 39% in H1
The Budapest Stock Exchange (BSE) had first-half after-tax profit of HUF 523 million, down 39% from the same period a year earlier, the bourse said on Wednesday.
Revenue from exchange activities was down 15.5% at HUF 1.56 billion.
Operating costs rose 14% to HUF 974 million.
The bourse had net assets of HUF 5.965 billion on June 30, down about 5% from twelve months earlier.
Share turnover on the bourse fell to HUF 1,915 billion in H1 from HUF 3.293 billion in the same period a year earlier.
ADVERTISEMENT
Magnus Aircraft Signs CNY 65 mln Order
Accommodation Fully Booked Over Pentecost Weekend
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
