NABI 2002 profit falls to $7.22 mln from $7.95 mln

Newswire

BUDAPEST, Feb 14 (Reuters) - Hungarian bus maker NABI reported on Friday its after-tax profit had dropped to $7.22 million in 2002 from $7.95 million in 2001, to come out largely in line with analyst forecasts.

In a recent Reuters poll the median for Nabi's net profit was $7.09 million.

NABI's net sales were up to $360.6 million in 2002 from $344.88 a year before, slightly exceeding analysts' median forecast of $354.07 million.

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