Net income for the first half of KAMAZ increased by 11%

Carmaker reported for the first half of

  • Net profit increased by 11 KAMAZ%
  • Net profit increased by 11 KAMAZ%

KAMAZ increased its RAS net profit in the 1st half of 2013 by 11% compared to the same period last year — up to 2.428 billion rubles.

 As reported in the record business, the company's revenue declined by 2.2% compared to the same period in 2012 — up to 53.527 billion rubles. Gross profit decreased by 1.5% to $ 7.593 billion Rubel.

Profit before tax amounted to 3.204 billion rubles, an increase of 12% compared to the 1st half of 2012. Profit outlook for the automaker in 2013 is 4.4 billion rubles., The company expects revenue growth of 9.3% compared with 2012 — up to 121 billion rubles.

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