Rába reports on decreasing losses in Q3
Fotó: Rába Nyrt.
Rába Járműipari Holding Nyrt. registered HUF 15.8 billion in revenues in the third quarter this year, up by 66.4 percent from the same period in the previous year, the Győr-based vehicle manufacturer has published on the website of Budapest Stock Exchange.
After last year’s 665 million in losses, the company’s net losses now amounted to HUF 562 million in this period.
In the first three quarters, the company’s revenues amounted to HUF 45.8 billion, a 38 percent improvement year on year.
Rába closed the first nine months of last year with HUF 1.1 billion in net earnings, while this year it reported on HUF 814 million in losses in the same period.
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