Kalina’s net profit goes down 70% in January-September 2008

The net profit of Concern Kalina, the major beauty products and household chemicals manufacturer, dropped by 70%, or 3.3 times, over nine months of 2008. The calculations were made in accordance with the Russian Accounting Standards, and the figure came to 100.737 million RUR compared with 336.093 million RUR a year earlier, the company reports.

The company’s sales figures reached 6,404,500,000 RUR in January-September 2008, which is 14% better than a year earlier, its gross profit amounted to 3,487,900,000 RUR, which exceeded the figures for a year earlier by 19%.

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