Graphisoft Park profit climbs as costs fall
Graphisoft Park, a company that owns and operates a business park in the north of Budapest, had after-tax profit of €430,000 in the second quarter, up by 73% from the same period a year earlier as costs fell.
The revenue of the park fell about 4% to €1,969,000 but costs were down more than 9% at €332,000. The company booked a €40,000 gain on the "other income" line, compared to a €80,000 loss in the base period.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.