July 28, 2011 / 11:49 AM / 6 years ago

UPDATE 1-Mega Brands posts Q2 profit, sees international sales growing

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July 28 (Reuters) - Canadian toy maker Mega Brands Inc posted a second quarter profit and said it expects international sales to grow further in the second half of the year.

The Montreal-based company earned $310,000, compared with a net loss of $428,000 a year ago.

Net sales for Mega Brands, which sells both its own brands and licensed toys, rose 6 percent to $83.9 million. Toy sales were up 11 percent

North American sales rose 6 percent, while international sales increased 8 percent. (Reporting by Bhaswati Mukhopadhyay in Bangalore; Editing by Savio D'Souza)

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