Investment Company Profits up 11% in 2023
The after-tax profit of investment companies overseen by the National Bank of Hungary rose 11% to HUF 53.8 billion in 2023, according to data published by the central bank and financial market regulator on its website.
Profit from investment services fell 6% to HUF 48.9 bln.
Profit from financial transactions jumped 43% to HUF 46.6 bln.
Payroll costs rose 10% to HUF 15 bln.
The data covers 10 investment companies.
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