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Appeninn posts HUF 189 mln profit in H1

Appeninn Holding, a listed company with properties and real estate in Budapest and other Hungarian cities, had net income of HUF 189 million on revenue of HUF 456 million in the first half of 2011, its report for the period published late Tuesday shows.

Appeninn had total assets of HUF 18.95 billion and net assets of HUF 5.76 billion on June 30.

Appeninn floated its shares on the Budapest Stock Exchange in July 2010.