Shareholders of GySEV, a regional railway owned by the states of Hungary and Austria, approved the company’s 2012 report showing pre-tax profit of HUF 2.7 billion and total assets of HUF 101 billion at a general meeting on Friday. Pre-tax profit was up by about HUF 100 million from the previous year. GySEV paid corporate profit tax of HUF 353 million in Hungary and €458,000 in Austria last year.
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