• 27 Dec 2024

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9 result(s) for net profit in Finance

Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
Profit Up 50% So Far This Year at Budapest Stock Exchange

Profit Up 50% So Far This Year at Budapest Stock Exchange

The Budapest Stock Exchange on Friday reported a Ft 4.2 billion net profit for the first nine months of this year, a 51% year-on-year rise.
Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Lawmakers approved a package of tax changes submitted by the government on Tuesday. The law passed with 116 votes in support, 47 against and 7 abstentions.
Brutal Wealth Flow from Hungary to Offshore Accounts

Brutal Wealth Flow from Hungary to Offshore Accounts

All over the world, tax havens are causing massive losses to countries' budgets. The tax avoidance practices of corporations are costing USD hundreds of billions in lost revenue, but the flight of individuals' offshore assets is also causing massive losses.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Windfall Profit Taxes Remain in Hungary - Big Retailers To Pay More

Windfall Profit Taxes Remain in Hungary - Big Retailers To Pay More

The windfall profit taxes introduced for two years in 2022 will remain in effect in 2024, according to a decree published.
Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Combined after-tax profit of Hungarian banks fell by an annual 12.4% to 562 billion forints in Q1-Q3 as write-downs and provisions weighed, the National Bank of Hungary (NBH) said.
Hungary’s External Balance Indicators Improved Last Year, In Spite Of The Pandemic

Hungary’s External Balance Indicators Improved Last Year, In Spite Of The Pandemic

Hungary’s external balance indicators improved last year, in spite of the pandemic, the National Bank of Hungary (NBH) said in its quarterly Balance of Payments Report. Hungary had a current-account surplus for the year at 2.1% of GDP.
Rise In Car Insurance Rates Exceeds Inflation In Hungary

Rise In Car Insurance Rates Exceeds Inflation In Hungary

The average annual compulsory vehicle insurance premiums were Ft 45,000 nationwide and Ft 63,000 in Budapest, increases of 9% and 15%, respectively, according to the MNB’s annualised index presented on Monday.
Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
Profit Up 50% So Far This Year at Budapest Stock Exchange

Profit Up 50% So Far This Year at Budapest Stock Exchange

The Budapest Stock Exchange on Friday reported a Ft 4.2 billion net profit for the first nine months of this year, a 51% year-on-year rise.
Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Rules on Personal Income Tax in Hungary Simplified, More Tax Changes Approved by Lawmakers

Lawmakers approved a package of tax changes submitted by the government on Tuesday. The law passed with 116 votes in support, 47 against and 7 abstentions.
Brutal Wealth Flow from Hungary to Offshore Accounts

Brutal Wealth Flow from Hungary to Offshore Accounts

All over the world, tax havens are causing massive losses to countries' budgets. The tax avoidance practices of corporations are costing USD hundreds of billions in lost revenue, but the flight of individuals' offshore assets is also causing massive losses.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Windfall Profit Taxes Remain in Hungary - Big Retailers To Pay More

Windfall Profit Taxes Remain in Hungary - Big Retailers To Pay More

The windfall profit taxes introduced for two years in 2022 will remain in effect in 2024, according to a decree published.
Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Earnings Fall 12% in Hungarian Banking Sector, Down to 'Only' HUF 562 Billion

Combined after-tax profit of Hungarian banks fell by an annual 12.4% to 562 billion forints in Q1-Q3 as write-downs and provisions weighed, the National Bank of Hungary (NBH) said.
Hungary’s External Balance Indicators Improved Last Year, In Spite Of The Pandemic

Hungary’s External Balance Indicators Improved Last Year, In Spite Of The Pandemic

Hungary’s external balance indicators improved last year, in spite of the pandemic, the National Bank of Hungary (NBH) said in its quarterly Balance of Payments Report. Hungary had a current-account surplus for the year at 2.1% of GDP.
Rise In Car Insurance Rates Exceeds Inflation In Hungary

Rise In Car Insurance Rates Exceeds Inflation In Hungary

The average annual compulsory vehicle insurance premiums were Ft 45,000 nationwide and Ft 63,000 in Budapest, increases of 9% and 15%, respectively, according to the MNB’s annualised index presented on Monday.