British American Tobacco plants in Russia see earnings fall almost 50% in 2008

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British American Tobacco plants in Russia see earnings fall almost 50% in 2008

MOSCOW. July 20 (Interfax) - Total net profit at British American Tobacco's three plants in Russia - BAT-Yava, BAT-SPB and BAT-STF - declined almost 50% to 1.9 billion rubles in 2008 from 3.6 billion rubles in 2007, according to the SPARK database.

BAT plants boosted sales revenue to 23.9 billion rubles last year from 23.4 billion rubles in 2007.

The company's plants produced 85.7 billion cigarettes in Russia in 2008, up 0.5% from 2007. The company's share of the Russian tobacco market grew 0.6 percentage points by value to 24.9% last year and totals 21.8% by volume.

BAT produces and sells cigarettes under the brands Dunhill, Kent, Vogue, Rothmans, Lucky Strike, Pall Mall, Viceroy, Yava Zolotaya, Alliance and Yava.