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Wimm-Bill-Dann Foods OJSC Q2 Profit Declines 31.5% - Quick Facts
September 2, 2010, Thursday, 12:03 GMT | 07:03 EST | 16:33 IST | 19:03 SGT
(RTTNews) - Russian dairy products company Wimm-Bill-Dann Foods OJSC (WED) reported that its second quarter net income declined 31.5% to US$35.9 million from US$52.3 million in the prior year quarter.
Quarterly sales was US$639.8 million, up 15.3% from US$554.6 million in the year ago quarter.
Operating income for the quarter fell 4.8% to US$58.5 million from US$61.4 million in the previous year.
Gross profit rose 4.3% to US$203.7 million from US$195.3 million a year earlier.
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