Kalina cosmetics concern reports 8.7% fall in Q1 net profit
Moscow Kalina Concern said its net profit by Russian accounting
standards had fallen 8.7% in the first quarter year-on-year to 214.072
million rubles ($7.9 million).
Russia's perfume and cosmetics company said in its profit and loss
account that sales had risen 16.72% to 1.925 billion rubles ($70.6
Gross profit increased 9.29% to 932.043 million rubles ($34.2
million), and earnings climbed 14.39% to 480.766 million rubles ($17.6
The company's leading brands include Chorny Zhemchyug, Chistaya
Liniya, and MIA skincare products. The concern incorporates head office
in Yekaterinburg in the Urals, a plant in Omsk in West Siberia, and
subsidiaries Pallada-Ukraina, Novoplast (Yekaterinburg) and Kalina
Overseas Holding B.V. (the Netherlands).
Kalina holds a controlling share in German cosmetics producer Dr.Scheller Cosmetics AG.