Profit of KAMAZ Grows
OREANDA-NEWS. November 01, 2007. Net profit of KAMAZ in January-September according to RAS (Russian Accounting Standard) went up to 6,23 billion rubles (29 times as much), reported the press-centre of KAMAZ.
Net income of KAMAZ Inc. in the third quarter of 2007 according to RAS is 2,14 billion rubles. That is by 19,7% less than for the second quarter of this year – 2,67 billion rubles.
For the first quarter the enterprise received profit at the rate of 1,42 billion rubles according to RAS. Thus, for January-September of this year net profit of KAMAZ is 6,23 billion rubles, that is by 29 times more than for 9 months of the previous year – 215,47 million rubles.
Sales volume of KAMAZ in January-September increased by 25,7% up to 60,95 billion rubles in comparison with the analogous period of the previous year. Production volume of trucks grew by 24,1% up to 38,093 thousand, production volume of engines and power units – by 22,5% up to 46,108 thousand.
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