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• Finance

  Revenue from payment services up 5% in Q2

  

  Hungarian financial institutions’ revenues from providing payment services amounted to HUF 253 billion in the second quarter of 2018, up 5% from Q2 2017, the National Bank of Hungary (MNB) said in a quarterly report, according to state news agency MTI.

   Tue, Sept. 18, 2018, 10:30

  • Revenue
  • payment services
  • report
  • MNB
• Economy

  Deficit rises to 121% of full-year target in August

  

  Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, the Ministry of Finance said in a preliminary release on Friday. The deficit thus reached 121% of the HUF 1,360.7 bln full-year target, MTI-Econews calculated.

   Mon, Sept. 10, 2018, 09:30

  • deficit
  • target
  • eu
  • transfer
  • pre-financing
  • revenue
  • expenditure
• Finance

  K&H Bank H1 profit climbs 40%

  

  K&H Bankʼs consolidated first-half after-tax profit rose 40% year-on-year to HUF 31.5 billion, CEO David Moucheron said at a press conference on Wednesday, cited by state news wire MTI.   

   Fri, Sept. 7, 2018, 08:00

  • K&H
  • profit
  • bank
  • revenue
  • report
• Business

  Masterplast Q2 profit doubles as revenue grows 14%

  

  Net income of bourse-listed Hungarian building materials maker Masterplast in the second quarter of 2018 was EUR 1.65 million, up from EUR 0.84 mln in Q2 2017, an earnings report released after market closing on Thursday shows, cited by state news wire MTI.

   Wed, Aug. 29, 2018, 11:00

  • masterplast
  • building materials
  • profit
  • revenue
• Business

  Graphisoft Park EBITDA grows 15% in first half

  

  First-half net profit of Graphisoft Park, a listed company that owns and operates a business park in the north of the capital, climbed 26% year-on-year to over EUR 2.3 million, according to "pro forma" figures, an earnings report shows.

   Mon, Aug. 13, 2018, 10:00

  • graphisoft park
  • earnings
  • ebitda
  • business park
• Business

  Profit, mobile turnover up at Magyar Telekom

  

  Magyar Telekomʼs second-quarter consolidated group net income amounted to HUF 14.5 billion, according to international accounting standards, up 40.6% from the corresponding period a year earlier, an earnings report published late Wednesday shows.

   Thu, Aug. 9, 2018, 11:00

  • magyar telekom
  • mtel
  • earnings
  • profit
  • ebitda
  • mobile
• Business

  Wabererʼs profit drops in Q2

  

  Revenue of Hungarian road haulage group Wabererʼs rose 17% year-on-year to EUR 185 million in the second quarter of 2018, while recurring EBITDA dropped by 14% to EUR 19 mln, the company said on Tuesday.

   Wed, Aug. 8, 2018, 10:17

  • wabererʼs
  • ebitda
  • revenue
  • haulage
  • logistics
• Business

  Wizz Air earnings hit by air traffic control ʼdisruptionsʼ

  

  Hungarian low-fare carrier Wizz Airʼs after-tax profit fell 14% year-on-year in the first quarter of its business year that started in April as costs outpaced revenue growth, an earnings report released yesterday shows.

   Thu, July 26, 2018, 09:30

  • wizz air
  • profit
  • revenues
  • costs
• Real Estate

  Budapest Waterworks moves headquarters to Blue Cube

  

  Real estate investment firm S IMMO Hungary has completed a lease agreement with Fővárosi Vízművek (Budapest Waterworks), under which the latterʼs headquarters are set to occupy more than 60% of the Blue Cube office building.

   Thu, July 19, 2018, 14:06

  • Budapest Waterworks
  • Blue Cube
  • office
  • S Immo
• Business

  Wabererʼs issues profit warning

  

  The board of road haulage company Wabererʼs International has adjusted its outlook for the year 2018 and now expects full-year group EBITDA to slightly decrease compared to EUR 85.8 million last year, the company said on the website of the Budapest Stock Exchange (BÉT) on Thursday.

   Fri, July 13, 2018, 13:34

  • wabererʼs. haulage
  • logistics
  • profit warning
  • ebitda