ANY's net income rises 43%
ANY Security Printing Company saw a net income rise of 43%, to HUF 1 bln, last year due to higher revenue and improved margins, Hungarian news agency MTI reported today citing an earnings report published by the company.
According to the report, the company’s net sales revenue increased by 26%, to HUF 22.7 bln, with gross profit rising by 25%, to HUF 6.3 bln, as direct cost of sales grew at a slightly faster rate than turnover. The report added that operating profit was up by 64%, to HUF 1.4 bln.
The report says that turnover from security products and solutions was up by 28%, to HUF 8.1 bln, while sales of form production and data processing were up by 36%, to HUF 8.2 bln.
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