RB

Russell Breweries Inc. (TSX VENTURE:RB), a producer of premium craft beer,
releases its financial results for the first quarter of Fiscal 2014, ended
September 30, 2013.


We are pleased with the continuing improvement of the Company over Q1 of 2014
fiscal year, says Mr. Benjamin Li Yu, CEO. Our gross margins have improved and
we have continued to grow in a highly competitive market. The Company is
$239,195 EBITDA positive for Q1 of fiscal 2014 compared to EBITDA of $147,647
for Q1 of fiscal 2013.


Q1 Fiscal 2014 Highlights 

Russell Breweries Inc. generated $2,477,287 gross revenue for Q1 2014F, up
$152,205 or 7% compared to $2,325,082 for the three months ended September 30,
2012 (Q1 2013F). Net revenue for Q1 2014F were $1,940,470 up $133,681 or 7%
compared to $1,806,789 for Q1 2013F. 


The gross margin for Q1 2014F increased $236,585 or 26% to $1,158,529 compared
to $921,944 for Q1 2013F. The gross margin percentage of Q1 2014F was up 9% to
60% compared to 51% for Q1 2013F. 


Selling, general and administration expenses for Q1 2014F were $995,078 up
$140,237 or 16% compared to $854,841 for Q1 2013F. Other expenses for Q1 2014F
reduced by $50,922 to $44,231 compared to $95,153 for Q1 2013F. 


The Company had a net income of $93,734 for Q1 2014F compared to the net loss of
$63,408 for the period ended September 30, 2012 ("Q1 2013F"). The increase in
net income is primarily due to an increase in gross margin of $236,585, which is
offset by an increase in selling, general and administrative expenses of
$140,237 and decrease in other expenses of $50,922.


For further details the Company's complete MD&A and financial statements for the
three months ended September 30, 2013 and 2012 are available on SEDAR at
www.sedar.com and the Company's web site at www.russellbeer.com.


Russell Breweries Inc. produces premium beers in Western Canada in breweries
located in BC and Manitoba. All products are held to the highest quality
standards, brewed without any preservatives, ensuring that the passion that goes
into crafting the beers comes through in the taste. Russell Breweries Inc. is a
public company trading on the TSX Venture Exchange under the symbol "RB".


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Russell Breweries Inc.
Benjamin Li Yu
CEO
604.599.1190
604.596.1048 (FAX)
benjamin.yu@russellbeer.com
www.russellbeer.com

Russell Breweries Inc. (TSXV:RB)
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Russell Breweries Inc. (TSXV:RB)
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から 6 2023 まで 6 2024