The company said it generated turnover of HUF 14.01 bln in Q4, up 9.8%. Rába had a financial loss of HUF 141 mln in the fourth quarter, up from a loss of HUF 15.6 mln a year earlier. For all of last year, Rába had after-tax profit of HUF 852 mln, down 68.1% from HUF 2.67 bln in 2013, based on revenue of HUF 47.9 bln, up 0.9% from 2013.
The firm’s reported financial loss was HUF 583.6 mln instead of a result of HUF 28.8 mln in 2013. Rába is a Premium-category issuer on the Budapest Stock Exchange.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
