Yerevan Brandy Company’s net income in 2011/2012 fiscal year grossed AMD 5,01 billion against the previous result of AMD 2,4 billion, the company’s executive director said.

According to Ara Grigoryan, production exports grew by 32,8% to reach 3,4 million liters, up from 2,6 million liters; local sales increased from AMD 1,06 billion to AMD 1,5 billion.

Also, the company official specifically noted soaring sales volume in July –August (638 000 liters against 240 000 liters in the same period last year.)