McDonald’s performed well in Hungary last year

By: Trademagazin editor Date: 2022. 05. 26. 11:20

The Progress Étteremhálózat Kft., which operates McDonald’s restaurants in Hungary, increased its after-tax profit to 6.665 billion HUF in 2021 from 3.668 billion HUF in the previous year – was published on the website of the Budapest Stock Exchange (BSE) on Wednesday.

The company’s net sales increased to 51.386 billion HUF from 37.408 billion HUF a year earlier, according to the balance sheet.

The largest part of the sales revenue, 43.510 billion HUF, came from restaurant revenues, and the remaining 7.875 billion HUF from franchise and royalty fees. (MTI)