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14:57
IMAGE HOLDING BOOSTS SALES BY 7.1% IN H1, 2009, NET PROFIT FALLS BY 9.1%

Kyiv, July 27 (Interfax-Ukraine) - Image Holding, a subsidiary of Image Holding ApS (the Khortytsa distillery), a large Ukrainian alcohol producer, in January to June 2009 earned UAH 31.2 million in net profit, which is 9.1% less year-over-year.

According to a company report at the State Commission for Securities and the Stock Market, the company's net income from sales in H1, 2009 soared by 7.1% year-over-year, to UAH 770.589 million.

In Q2, 2009, the company posted UAH 467.52 million in net income, which is almost 40% up year-over-year. Its net profit shrank by 4.1%, to almost UAH 12.6 million.

Image Holding ApS is one of the largest alcohol producers in Ukraine. In 2008, the company completed the consolidation of its assets into a holding, which includes Khortytsa distillery, CJSC Odesa cognac factory, the Crimean winery, and Russia's Megapolis Trade House Ltd.
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