April 25 (Bloomberg) -- Tallinna Kaubamaja AS, Estonia’s biggest retailer, reported first-quarter profit doubling from a year earlier, helped mainly by increased demand at its supermarkets and car retail unit.
Net income rose to 3.2 million euros ($4.2 million), from 1.6 million euros a year earlier, the Tallinn-based company said in a regulatory statement today. Revenue rose 10 percent to 106 million euros.
To contact the reporter on this story: Ott Ummelas in Tallinn at email@example.com
To contact the editor responsible for this story: Balazs Penz at firstname.lastname@example.org