ADVERTISEMENT

Zwack Unicum Q1 profit falls 2.5%

Telco

Hungarian spirits maker Zwack Unicum had after-tax profit of HUF 335 mln in the first quarter of the company's 2014-2015 business year ending on June 30, down 2.5% y.o.y. as sales declined slightly and tax payments grew during the period, Zwack Unicum's Q1 IFRS report published yesterday evening revealed.

Gross sales were HUF 4.6 bln in Q1, down 0.6%. Operating expenses were HUF 1.3 blnn, down 2.3%. Other operating income was HUF 118 mln, up 39.6%. The company paid HUF 131 mln in corporate and deferred taxes during the period, up 19.1%. Zwack Unicum is an Equities Standard-category issuer at the Budapest Stock Exchange.

ADVERTISEMENT

Digitization, sustainability among characteristics of future... Analysis

Digitization, sustainability among characteristics of future...

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Transformation Delineation - Microsoft country general manag... Podcasts

Transformation Delineation - Microsoft country general manag...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.