Less profit could be left for SMEs
The domestic companies expect a 8.6 percent higher sales revenue than before and a moderate profit growth of 4.5 percent – according to the K&H SME confidence index research. Regarding next year’s development of their finances, small businesses are the most optimistic.
Compared with the previous quarter, slightly higher sales growth, but lower profits growth are expected in the next year. “The recent results of the K&H SME Trust Index show that domestic businesses are currently expecting 8.6 percent sales growth and 4.5 percent profit growth. This means that the dynamics of revenue growth are still favorable, but the expected increase in profits has slightly decreased, compared to the previous 5.1 percent. Revenue and profit expectations have therefore shifted exceptionally in the opposite direction – Kovács Viktor Zoltán, K&H SME Marketing Director said.
Related news
The new green loan comes with favorable terms
K&H will launch a new green home loan on the…
Read more >Z-gen no longer uses mobile phones for more than just payments
The number and amount of smartphone payments at K&H is…
Read more >Hungarian companies must answer sustainability questions
Hungarian companies have only a few months to prepare: from…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >