0
Wireless

iHunt turns to profit, lifts revenues by over 50% in H1

Wednesday 26 August 2020 | 16:49 CET | News
Romanian phone maker iHunt Technology said revenues for the first half rose by 52.4 percent from the year before to RON 14.73 million, according to local publication Profit.ro, citing a company document. The net result increased to a profit of RON 1.88 million from a loss of 614,196. Sales in the half leaped over 300 percent in other markets such as Hungary and Bulgaria.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: iHunt Technology
Countries: Romania
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

iHunt sales increase 71%, profit surges 9-fold in 2020

Published 16 Feb 2021 12:22 CET | Romania
Romania-based electronics brand iHunt saw its turnover increase by 71 percent to RON 42.6 million in 2020. The company's profit ...

iHunt gets shareholders approval for RON 7 mln bond issue

Published 25 Jan 2021 09:50 CET | Romania
Romanian mobile phone maker iHunt has received the approval of shareholders for a RON 7 million bond issue with four-year ...

iHunt bond offer oversubscribed by 45%

Published 02 Nov 2020 11:12 CET | Romania
Romanian electronics maker iHunt Technology has completed its first issue of corporate bonds, writes local paper Ziarul ...

Romania's iHunt wants to issue bonds of RON 7 mln to increase production

Published 03 Sep 2020 08:09 CET | Romania
Romanian rugged phones maker iHunt Technology wants to issue bonds in the amount of RON 7 million to increase production and ...

iHunt's turnover grows 33% in Q1 to RON 6.29 mln

Published 15 May 2020 09:46 CET | Romania
Romanian phone maker iHunt Technology saw its turnover grow 32.7 percent in Q1 to RON 6.29 million, writes local publication ...

Romanian phone manufacturer iHunt gets loan from Intesa Sanpaolo Bank

Published 25 Jun 2019 09:08 CET | Romania
iHunt Technology Import Export Ploiesti, a Romanian mobile phone manufacturer, will contract a loan of RON 500,000 from Intesa ...





Calendar   /   Industry Events

11 May Small Cells World Summit
12 May Mediaset Q1 2021
12 May Deutsche Telekom Q1 2021
12 May Bredband2 Q1 2021
12 May Telefonica Deutschland Q1 2021
12 May NEC FY results
12 May Syn Q1 results 2021
12 May OTE Q1 2021
12 May Lumentum fiscal Q3
12 May Airtel Africa Q1 2021
13 May Poly fiscal Q4
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Alibaba Group Q1
13 May BT FY results
13 May DZS investors day
14 May Japan Display FY results
14 May Digi Communications Q1 2021
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
14 May Telesat Q1
17 May Minim Q1 2021
17 May World Telecommunication and Information Society Day
18 May Iliad Q1 2021
18 May Vodacom FY results
18 May Vodafone FY results
18 May MTS Q1 2021
18 May iQiyi Q1
18 May Baidu Q1 2021
18 May Google I/O
::: More Calendar Items