ANY Security Printing Company H1 profit down
ANY Security Printing Companyʼs net income saw a year-on-year drop of 15% to HUF 487 mln due to falling revenue, an earnings report published late yesterday reveals, according to Hungarian news agency MTI.
Net sales were down 10% at HUF 10.3 bln. Direct cost of sales fell at an even faster rate, dropping almost 13% to HUF 7.2 bln and causing gross profit to decline just 3% to HUF 3.1 bln. After-tax profit was down about 2% at HUF 650 mln.
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.