Bloomberg News

Apranga 2011 Profit Rose 85% on Recovering Baltic Demand

February 15, 2012

Feb. 15 (Bloomberg) -- Apranga AB, the biggest Baltic clothing retailer, said profit rose 85 percent last year.

Net income rose to 24.7 million litai ($9.42 million), compared with 13.34 million litai in 2010, the Vilnius-based company said in a statement to the stock exchange today. Sales grew 13 percent to 340.8 million litai, it said.

--Editors: Elizabeth Konstantinova, James M. Gomez

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


Toyota's Hydrogen Man
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus