Raba: Falling Revenue, Narrower Margins Put Rba in Red
Hungarian automotive industry company Rába booked a first-quarter loss of HUF 191 million as revenue declined and margins deteriorated, state news agency MTI writes, citing an earnings report released after the closing bell on Wednesday.
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Chairman
Bela Hetzmann
Raba is a Hungary-based automobile company that designs and manufactures products such as axles, chassis, and gearboxes for commercial vehicles.
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