Freesoft Q1 net profit doubles on rising revenue

Telco

Hungarian software company FreeSoft had net profit of HUF 26.06 million in the first quarter of 2012, up 56.7% from a year ago on rising revenue, the company announced in its consolidated IFRS report for the period on Wednesday. Freesoft had sales revenue of HUF 2.24 billion, up 18.8%.

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