MPF Holding pre-tax profit reaches HUF 3.5bn in 2011
Machinery maker and seller MPF Holding had pre-tax profit of more than HUF 3.5bn in 2011, the company’s management told MTI on Wednesday.
MPF Holding’s domestic units generated HUF 1.5bn-1.6bn of profit last year. The rest came from the holding’s activities in Germany, the United States and China.
MPF Holding had pre-tax profit of more than HUF 3bn in 2010.
MPF Holding has six plants and one logistics base in Hungary. In 2010, it bought FEG’s troubled gas heater factory at Ocsa, south of Budapest and it continues to employ the plant’s workers.
MPF had net revenue of HUF 16.6bn in 2010, public records show.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.