Graboplast after-tax profit doubles in 2015
After-tax profit of Hungarian special flooring manufacturer Graboplast reached HUF 467 million last year, more than doubling from 2014, the company told Hungarian news agency MTI on Friday after shareholders approved its annual report at an AGM.
Sales revenue rose 3% to HUF 18 billion, with exports accounting for 90% of revenue. The number of employees rose by more than 70 to nearly 640.
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.