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Key-Soft profits, revenue climb in H1

Hungary's Key-Soft had first-half net income of HUF 63 million, up 43.2% from the same period a year earlier, the software company said late Friday.

Revenue rose 27.5% to HUF 524 million.

Material costs edged down 2.7% to HUF 180 million. Payroll costs were up 36.4% at HUF 191 million.

Operating profit climbed 32.7% to HUF 65 million.

Key-Soft had total assets of HUF 388m on June 30. Net assets came to HUF 130 million.