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26 May 2004 02:31
Baltika net profits up 0.7% to US GAAP in Q1
ST. PETERSBURG. May 26 (Interfax) - Russian brewing company Baltika turned net profits to US GAAP of $13.7 million in the first quarter of 2004, a 0.7% year-on-year increase, a company press release reports. The company's operating profits increased 9.2% to $20 million in January-March. Sales volume increased 6.8% to 338 million liters of beer for the quarter. [RU EUROPE EEU ASIA EMRG RES CORA BEV] cf
[Interfax]
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