Rába reports on plummeting profit margins in Q4 2021
In Q4 2021, Rába Járműipari Holding Nyrt. registered a post-tax profit of HUF 111.3 million, falling short of the same period in 2020 by 90.2 percent, while the company’s annual profit margin grew by 223.4 percent to HUF 1.272 billion in 2021.
According to a financial report published by the Győr-based company earlier this week, Rába closed Q4 2021 with a consolidated revenue of HUF 13.209 billion, up by 20.2 percent from the year before, while its annual earnings increased by 19.8 percent to HUF 46.436 billion in 2021.
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