Hunguest Hotels would significantly increase its revenue and pre-tax profit

The hotels operated by Hunguest Hotels Zrt. achieved 17.6 billion HUF net sales and 6.4 billion of HUF operating profit (GOP) by the end of September, so pre-tax profit became 3.6 billion HUF – the Konzum Investment and Asset Management Plc. published on the website of the Budapest Stock Exchange (BSE).

According to the information, the sales of Hunguest Hotels indirectly owned by Konzum were nearly one and a half times higher than in the first nine months of 2017, and the pre-tax profit of the company was twice as high as last year’s profit before tax. It is expected that the company this year will receive sales revenue of a magnitude higher than last year – the company said. (MTI)