Investment Company Profits up 11% in 2023
The after-tax profit of investment companies overseen by the National Bank of Hungary rose 11% to HUF 53.8 billion in 2023, according to data published by the central bank and financial market regulator on its website.
Profit from investment services fell 6% to HUF 48.9 bln.
Profit from financial transactions jumped 43% to HUF 46.6 bln.
Payroll costs rose 10% to HUF 15 bln.
The data covers 10 investment companies.
Gebrüder Weiss Inaugurates HUF 10 bln Expansion
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
