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.
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