In 2012, the net profit of KAMAZ has increased by 73 times

  • Dump truck KAMAZ-65205
  • Dump truck KAMAZ-65205

At the end of 2012 "KAMAZ" increased RAS net profit by 73 times — up to 4.897 billion rubles, compared with 66.668 million rubles in 2011, the report said.

SA Revenue totaled 110.733 billion rubles, which is 5.1% more than in the previous year (105.390 billion rubles). 

Gross profit for the year increased by 1.9 times, or by 85.2% — up to 15.731 billion rubles from 8.493 billion rubles a year earlier.

Profit before tax amounted to 6.569 billion rubles, which is 38 times more than in 2011 (169.636 million rubles).

"KAMAZ" is Russia's largest manufacturer of commercial vehicles. Entities controlled 98.34% of the share capital of the company, among them — the corporation "Rostekhnadzor" (49.9%), the company Avtoinvest Limited (24,53%), Daimler AG (11%), KAMAZ International Management Co. (4.25%), the European Bank for Reconstruction and Development (4%) and Decodelement Services Limited (2,73%).

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