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Dunaferr posts record profits

Steel manufacturer Dunaferr Rt posted record profits for 2004 , as the company achieved Ft 17.4 billion in profit after tax, business daily Napi Gazdaság reported. The management of Dunaferr Rt submitted the consolidated financial statements for approval by shareholders with a balance sheet figure of Ft 157 billion said Zsolt Várkonyi, PR director. The Dunaferr group had Ft232 billion turnover last year.