FreeSoft Q4 profit down 40% to HUF 137 mln
Hungarian software company FreeSoft had net profit of HUF 136.6 million in Q4 2012, down 40.8% yr/yr, the consolidated, unaudited IFRS report of the company showed on Thursday. Revenue from sales was HUF 2.7 billion, down 7.7%. Full-year profit was HUF 136.2 million, up 16% yr/yr. Full-year revenue from sales was HUF 8.47 billion, down 2.1%. FreeSoft is a B-category issuer at the Budapest Stock Exchange.
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.