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Concern Kalina

July 26, 2004

JSC Concern “Kalina” announced financial results for the first 6 months of year 2004

Today, July,26th the largest Russian perfumery and cosmetics producer JSC Concern “Kalina” has announced financial results for the first 6 months of year 2004, calculated according to the Russian Standards of Accounting. Sales and net profit, according to the results of the first 6 months of the year, reached 2,607,895 thousand rubles and 302,691 thousand rubles respectively. As compared to the first 6 months of year 2003 the sales of “Kalina” increased by 5,91%.

Further you can find some of the non-consolidated non-audited Russian financial statements for the first half of the year 2004. The full variants of the company’s financial statements you can find on the web-site of the Concern: www.kalina.org.

 

thousand rubles

First 6 months

2004 ?

Second 6 months

2003 ?

Changes,
%

  • Net sales proceeds

2607895

2462256

+5,91

Gross margin

1254234

1147994

+9,25

percentage to the sales, %

48,1%

46,6%

 

 

About the company. JSC concern “Kalina “ is one of the leaders of the Russian perfumery and cosmetics producers. The leading brands of the company are “Black Pearl”, ”Clean Line” and “MIA” among the skin-care products, “32”, “Forest Balsam”- on the mouth-care market, ‘Angelica Varum” – among perfumes.

Concern “Kalina” consists of factories as follows, except factory in Ekaterinburg:

  • Omsk factory of detergents
  • Subsidiary "Pallada Ukraine" (Ukraine)
  • Subsidiary factory "Novoplast"
  • Kalina Overseas Holding B. V. (Netherlands)

Further information you may get from the press-secretary of the JSC concern ‘Kalina”- Kazantsev Sergey, tel./fax.(343) 365 83 06, e-mail: pressa@kalina.org.

 

 

 

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