Hungary's Richter posts higher Q1 profit but cuts sales forecast

earthtimes.org     May 9, 2008            

Budapest - Hungarian pharmaceutical manufacturer Richter Gedeon on Friday said its unconsolidated net profit in the first quarter grew by 41.7 per cent year-on-year to 10.18 billion forints (62.25 million dollars) but cut its US and domestic sales fo... [read full story]                    

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Russia Boosts Richter’s Profits

sptimes.ru     May 12, 2008          

BUDAPEST — Gedeon Richter Nyrt., eastern Europe’s biggest drugmaker, said first-quarter profit rose 42 percent on increased exports to Russia, where executives forecast sales rising more than 10 percent this year. ... Unconsolidated profit climbed to 10.2 billion forint...                    

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Pest, Poland, Budapest, Hungary