October 6, 2011

Lithuania-based Rokiskio's revenues show increase

Rokiskio Suris (Rokiskis Cheese) reported that consolidated sales revenue for the nine months through September surged by 32.7% on-year to LTL518.214 million (US$200.11 million).

Consolidated sales for September rose by 32% on-year to LTL65.465 million (US$25.278 million), Rokiskio Suris said.

Rokiskio Suris CEO Antanas Trumpa and Pieno Pramones Investiciju Valdymas, held 61.43% of shares in the dairy company at the end of June.

The dairy group's first-half net profits surged to LTL9.675 million (US$3.736 million), up from LTL2.7 million (US$1.043 million) in the same period last year. The company said that almost all of the profits came from exports.

Rokiskio Suris is quoted on the blue-chip Main List of the Vilnius stock exchange.