Kviza Trade ends 2008 with net loss of UAH 330 mln
23 February 2009
Kviza Trade, trade operator of Retail Group (RTGR), reported on Friday that it ended 2008 with a loss of UAH 330 mln, down from net income of UAH 35 mln in 2007. According to the company’s accounts, Kviza Trade’s net revenue from sales in 2008 amounted to UAH 2.89 bln, up 56.8% yoy; and gross profit to UAH 694 mln, up 45.7% yoy.
