Kviza Trade’s Net Income Increases Fourfold in 2007
20 February 2008
Kviza Trade, operated by Retail Group (RTGR: N/R), posted net income of USD 7.0 mln last year, four times more than in 2006. The company’s sales climbed 23.8% yoy to USD 365.1 mln in 2007. Gross profit reached USD 94.3 mln (+40.8% yoy), while PBT surged 2.7x to USD 8.6 mln.
