Zwack’s revenue increased

Zwack Unicum Nyrt.’s net sales from domestic sales increased by 16.5 percent in the 2016-2017 business year compared to the previous year, resulting in a turnover of 12.85 billion HUF, after last year’s 11.03 billion HUF. The company’s export sales amounted to 1.42 billion HUF, which is virtually the same as a year ago, the company told MTI, after the annual general meeting.

According to the announcement, the company’s net sales from domestic sales increased by 4.6 percent in the fourth quarter.

Zwack’s IFRS after-tax profit exceeded 2.24 billion HUF, which is 32.7 percent higher than the 1.69 billion HUF base. (MTI)