Apranga 2011 Profit Rose 85% on Recovering Baltic Demand
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Apranga AB, the biggest Baltic clothing retailer, said profit rose 85 percent last year.
Net income rose to 24.7 million litai ($9.42 million), compared with 13.34 million litai in 2010, the Vilnius-based company said in a statement to the stock exchange today. Sales grew 13 percent to 340.8 million litai, it said.