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Zwack plant sale boosts profit

Spirits maker Zwack Unicum Rt reported pre-tax profit of Ft 1.02 billion for Q2 2005. This figure is boosted by the sale of Zwack's production facility and offices located in Budapest's Ipar Street for Ft 452 million. Turnover was Ft 4 billion for the quarter down 3.7% vs. last year primarily due to Cinzano being taken out of the range of imported drinks distributed by Zwack. Profit for the financial year ending on March 31, 2006 is expected to reach Ft 2.8 billion.