/KASE, May 21, 12/ - JSC "RG Brands" (Almaty), whose securities are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:

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• RGBrands's sales in the first quarter 2012 rose by 9 per cent and make up KZT6.5 bn
• 3 month gross revenues rose by 30 per cent, making up KZT 2.5 bn
• EBITDA increased by 29 per cent, making up KZT935 m
• RGBrands is sure to successfully complete its growth targets for the year

RGBrands continues to successfully implement the three stage development program consisting of the following categories: "Development of New Programs", "Domination in Home Market" and "Territorial Expansion". Over the first three months of 2012 the company managed to reach a 9 per cent growth in revenues. In 2011 RGBrands increased its revenues 20 per cent compared with 2010. The successful results of the first quarter 2012 were achieved thanks to introduction of marketing initiatives and focusing of high-yield articles, as well as sensible price policy of the company.

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The full press-release is available on KASE website, at see more

[2012-05-21]