ADVERTISEMENT

KELER group books HUF 1.8 bln net profit in 2015

Telco

Clearing house and central depository group KELER had net profit of HUF 1.78 bln last year, the company said today, Hungarian news agency MTI reported.

Profits of the central counter-party business came to HUF 1.49 bln and the central depository business brought in HUF 282 mln, the company said, adding that all of the profits will be placed into profit reserves.

CEO György Dudás said KELER expects strong earnings this year, based on results in the last few months and the planned introduction of new services.

KELER is owned by the National Bank of Hungary and the Budapest Stock Exchange.

Motor Fuel Prices Fall Below Avg in Neighboring Countries Energy Trade

Motor Fuel Prices Fall Below Avg in Neighboring Countries

China-Hungary Cooperation 'Story of Continuous Friendship', ... Visits

China-Hungary Cooperation 'Story of Continuous Friendship', ...

Fortaco Sells Heavy Project Business in Hungary Deals

Fortaco Sells Heavy Project Business in Hungary

Aldi Opening Biggest Store in Budapest Food

Aldi Opening Biggest Store in Budapest

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.