Vaccination Card Producer Reports Highest-Ever Profit in Hungary
- 24 Aug 2021 12:32 PM
- Hungary Around the Clock
This was the first quarter in which net profit exceeded Ft 1 billion, Napi observes.
Overall revenues more than doubled from Ft 6 billion to Ft 12.8 billion.
Revenues from card identification tripled from Ft 1.7 billion to Ft 6.3 billion, partly due to the fact that ANY produced the vaccination cards for the population.
Revenues from security product production rose from Ft 1.4 billion to Ft 2.9 billion, while revenues from printing rose from Ft 2.3 billion to Ft 2.8 billion.
The company sold its 50% stake in Bulgarian unit Direct Services for €2 million at the end of June but revenues from the deal will be accounted for only in the third quarter.
LATEST NEWS IN business