ANY net income falls to HUF 246 mln on narrowing margin
ANY Security Printing Companyʼs first-quarter net income slipped 37% year-on-year to HUF 246 million as margins narrowed, an earnings report released late Monday shows, according to Hungarian news agency MTI.
Net sales rose 1% to HUF 5.6 billion, but direct costs of sales climbed at a faster rate, increasing 3% to HUF 3.9 bln.
Gross profit slipped a little more than 3% to HUF 1.7 bln.
ANY noted that exports accounted for 43% of revenue in Q1, up from 38% in the base period.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
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.
