Enter your e-mail address below
to reset your password.
Please activate your registration
by clicking the link in the activation email
or click submit to resend the activation email.
Please check your spam folder too...
Check your mailbox to activate your registration.
Please check your spam folder too.
K&H Group's first-quarter after-tax profit fell 37% to HUF 5.9 billion from the same period a year earlier, mainly because of a big increase in risk reserves, CEO Marko Voljc said at a press conference.
K&H Group's risk reserves grew by HUF 10.6 billion in Q1, based on IFRS, Voljc said. In the same period a year earlier, provisions fell by HUF 700 million, he added.
Operating profit, before provisions, increased 33% to HUF 19.1 billion. (MTI – Econews)