TVK Rt.?s Q1 operating profit raises 154%
Tuesday, May 17, 2005, 07:05
TVK Rt.?s operating profit grew by 154 % in Q1 2005: from Ft 2,4 billion it reached Ft 6,2 billion compared to Q1 2004 the company stated in its quick Q1 report. TVK could realise this development thanks to improvements in sales and cost-efficiency, increased production capacities, favourable margin environment. The company witnessed a Q1 2004 Ft 4,17 billion EBITDA figure raise by 101 % thus resulting Ft 8,4 billion in Q1 2005. TVK?s revenues rose by 31 % from Ft 40,96 billion to Ft 53,78 billion.