Market Építő Plc. Turnover Exceeds HUF 308 billion

Market Építő Plc.'s turnover last year exceeded HUF 308 billion, while the overall profit per parent company of the building construction company was HUF 25.731 billion, the company announced on the Budapest Stock Exchange (BSE) website on Friday.

According to the report, net sales increased by HUF 11.763 billion to HUF 308.880 billion. The overall profit per parent company in the previous financial year, 2021, was HUF 43.036 billion.

According to their previous announcement, management's expectations were met, as they expected a growth in sales of around 5% in 2022 based on the order backlog, after HUF 289.020 billion in 2021.

Since its establishment in 1996, Market Építő Plc. has become one of Hungary's leading construction groups. The fully Hungarian-owned company is one of the largest professional high-rise builders in Hungary in terms of turnover and capacity. It carries out nearly 40 projects per year, most of which are industrial and logistics facilities, office buildings and hotels. It covers the entire spectrum of building construction, using unique materials, technologies and innovative solutions.