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Hungarian energy efficiency company RFV said its net profit rose 68% to HUF 1.36 billion in 2010 as revenue doubled.
Revenue was up 100% at HUF 7.83 billion, RFV's consolidated IFRS report shows.
Direct cost of sales climbed 158% to HUF 4.6 billion. Gross margin was up 52% at HUF 3.23 billion.
Operating costs climbed 72% to HUF 1.12 billion.
EBITDA was up 43% at HUF 2.11 billion. Operating profit rose 42% too HUF 1.82 billion.
Pre-tax profit rose 62% to HUF 1.77 billion.
RFV had total assets of HUF 14.72 billion on December 31, 2010, 125% more than twelve months earlier. Net assets were up 52% at HUF 3.89 billion.