Zwack Unicum Q1 profit falls 2.5%
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.
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