Increasing revenue, decreasing profit at Zwack Unicum

The net revenue of the Zwack Unicum Nyrt. increased by 2.1 percent, its after-tax profits fell by 2.5 percent to 335 million HUF in the first quarter of its fiscal year ended on 30 June – the company announced on the website of the Budapest Stock Exchange.

According to the unconsolidated quick report made on the basis of the International Accounting Standards (IRFS), the excise tax reduced net income was 2,783 billion HUF, while in the previous similar period it was 2,727 billion HUF. The gross sales of the company decreased by 0.6 percent to 4.609 billion HUF. (MTI)