Preliminary unaudited profit before taxes of Apranga Group, the leader of retail apparel market in Lithuania and the Baltic States, was LTL 5.70 million (EUR 1.65 million) in 1st quarter 2007, that is 4 times more than in 1st quarter 2006 (LTL 1.43 million (EUR 413 thousand)). The increase of pre-tax profit was determined by high turnover growth rates and more efficient management of merchandise purchases and sales. The turnover of Apranga Group has made LTL 91.8 million (EUR 26.6 million) during the 1st quarter 2007, increasing by 58.6 comparing to the 1st quarter 2006 (LTL 57.9 million (EUR 16.8 million)). Apranga Group has already opened 5 stores during the 1st quarter 2007 and 10 more new stores in April 2007. The trading area operated by Apranga Group has increased by 6.5 thousand sq. m. since the beginning of the year and has reached 45.5 thousand sq. m. Apranga Group runs the chain of 75 stores in Baltic States. Apranga Group is owned by the concern MG Baltic. Rimantas Perveneckas General Manager +370 5 2390801
Recommended Reading
-
Retail turnover (including VAT) of Apranga Group amounted to EUR 33.8 million in July 2026 and increased by 9.7% compared to July 2025. In January–July 2026, the retail turnover (including VAT) of...
Read More -
The retail turnover (including VAT) of Apranga Group reached EUR 182.3 million in 6 months 2026 and was by 9.8% higher than in corresponding period of 2025. The unaudited consolidated profit before...
Read More