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    RICHTER — Richter Gedeon Vegyeszeti Gyar Nyrt News Story

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    Brief: Hungary Richter Chairman Bogsch says windfall tax "absolutely unfair"

    Picture of Richter Gedeon Vegyeszeti Gyar Nyrt logoRichter Gedeon Vegyeszeti Gyar Nyrt
    12/05/2023 08:35
    May 12 (Reuters) - Richter Gedeon Vegyeszeti Gyar Nyrt
 GDRB.BU :
    * HUNGARY RICHTER CHAIRMAN BOGSCH SAYS EXTRAORDINARY TAX
LEVIED ON
RICHTER IS "ABSOLUTELY UNFAIR"
    * CHAIRMAN BOGSCH SAYS WE ARE AT COMPETITIVE DISADVANTAGE IN
OUR
HOME MARKET
    * RICHTER BOOKED HUF 3.368 BLN FOR Q1 IN EXTRAORDINARY TAX
    * IN DEC 2022 GOVT LEVIED WINDFALL TAX ON DRUG PRODUCERS
BASED ON
NET REVENUES GENERATED IN 2022 AND 2023
    * TAX RATE INCREASES PROGRESSIVELY, HITTING RICHTER 

Source text for Eikon:  ID: 
Further company coverage:  GDRB.BU 

 (Reporting by Krisztina  Than)
 ((Krisztina.Than@thomsonreuters.com;))

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