OREANDA-NEWS. May 14, 2010. RG Brands earnings in QI 2010 increased by 12% in comparison with the similar 2009 period and made up KZT5,279 m. the net income is KZT559 m., reported the press-centre of KASE.

The earnings growth for the reporting period was achieved at the expense of tea and milk selling increase by 41% and 36%, accordingly.

In QI 2010, sales of own brands increased by 16.8% if compared with the similar 2009 period - KZT4,402 m, and franchising brands sales decreased by 8.5% if compared with QI of 2009.

The EBITDA for QI 2010 is KZT632 m. The EBITDA profitability is 12%. The slight decrease was conditioned by tenge devaluation on February 2009 and was leveled in the first quarter of 2009 at the expense of stored goods. The company was able to retain EBITDA at the acceptable level.

After tenge strengthening in the first quarter of 2009 RG Brands received the rate difference in the size of KZT654 m against the rate loss in the size of KZT3,585 m for the same last year period.