HomeLatest FeedsTechnology NewsDelta Technologies: Half-year sales increased by 57.7 percent

Delta Technologies: Half-year sales increased by 57.7 percent



Almost 60 percent of the targeted annual plan was fulfilled in the first half of the business year, which ended at the end of December.

According to Delta Technologies Nyrt.’s quick half-year report published on Thursday, it achieved a consolidated sales revenue of HUF 17.25 billion in the first half of the business year, which is 57.62 percent higher than the amount achieved in the same period of the previous business year. Almost 60 percent of the targeted annual plan was fulfilled in the first half of the business year, which ended at the end of December.

According to the quick report, EBITDA of HUF 2.18 billion is multiple times the previous value: two years ago, a loss of HUF 300 million was reported, while last year a modest profit of HUF 19 million was included in the IT company’s quick report.

The company also expects unplanned developments in the reduction of net debt by the end of the year. Organizational changes and the rationalization of parallel activities contributed to these positive results, they said.

Mr.Mario
Mr.Mario
I am a tech enthusiast, cinema lover, and news follower. and i loved to be stay updated with the latest tech trends and developments. With a passion for cyber security, I continuously seeks new knowledge and enjoys learning new things.

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