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Pannon-Váltó H1 net losses nearly triple, revenue falls by third

Hungarian portfolio-management company Pannon-Váltó sustained net losses of HUF 32.48 million on revenue of HUF 12.94 million in the first half of 2011, compared to net losses of 12.75 million on revenue of 19.22 million in H1 of 2010, the company's first-half consolidated financial-report published on Friday shows.

Pannon- Váltó is a B-category issuer at the Budapest Stock Exchange.