NABI says will return to profit in 2nd half

Newswire

By Denes Albert BUDAPEST, Aug 28 (Reuters) - Hungarian busmaker NABI said on Thursday it expects to return to profit in the second half of 2003 despite continued sluggish conditions in its main United States market. Chairman Peter Rona told a business conference organised by the Budapest Stock Exchange that NABI would be back in profit by the year-end after posting a first half loss of $9.97 million on sales of $147.4 million. He gave no specific forecasts. Rona said the first half ...

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