Consolidated after-tax profits fell to HUF 168 million from HUF 674 mln in 2021. Year-end revaluation of existing FX loans had a negative impact on profit figures, the company said.
Operating income was down at HUF 715 mln from HUF 890 mln.
Total assets of the company grew to HUF 30.9 bln from HUF 26.6 bln because of significant investments made last year.
Trans-Sped has nearly 900 employees and is present in Hungary, Romania, and Slovakia.
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.
