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Praktiker's Net Profit in Hungary up 36% in 2021
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2022-07-07
     Hardware components and DIY chain store Praktiker is headquartered in Germany. It has 30 brick-and-mortar stores and an online shop, taking up 33% market shares. Its Hungarian subsidiary increased 10% revenue to around 84 billion forints (USD 258.66 million) in 2021. The net profit after tax grew 36% to 6.1 billion forints (USD 18.87 million). General manager Mr. Zsolt Partos said the main challenge for 2022 is the Russia-Ukraine war that is worsening inflation. Sales in the first half of 2022 were good, but he is pessimistic about the second half.
 
     Praktiker products are used in construction, sanitary ware, DIY, gardening, furniture, white appliances, bikes, etc. It also has products under its brand including hand tools, electric hand tools, pipe valves, glue guns, cable ties, and fasteners.
Praktiker
匈牙利
分公司
2021年
稅後
盈餘
成長
36%
Net Profit
Hungary
branch
growth
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