Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

KAMAZ announced 56.6 billion Rubles revenue
28.09.2012 17:32
KAMAZ announced 56.6 billion Rubles revenue
KAMAZ truck

The largest Russian heavy truck manufacture KAMAZ OJSC has announced 56.6 billion Rubles revenue in the first half of 2012.


In the first half of 2012, the company’s revenue has increased 28% and amounted 56.6 billion Rubles, the net profit has grown 33% and made up 2.7 billion Rubles. The positive results have been gained due to increasing trucks sales volume and company’s control of its costs.


KAMAZ has sold 23.1 thousand trucks for the period, what is 19.7% more than the previous one.


KAMAZ has managed to reduce the growth of costs: the commercial expenses have grown 16% up to 2.86 billion Rubles in the first half 2012, the administrative expenses have reduced 10% and amounted 2.93 billion Rubles.


KAMAZ Group is the largest automobile corporation of the Russian Federation. OJSC KAMAZ ranks 16th among the world's top heavy truck manufacturers.





Author: Irina Fomina

Tags: cars Russian transport Russian business   

Next Previous

You might also find interesting:

Inflow to Funds Investing in Russia Tripled in a Week
Ruble Lost One-sixth of its Value in a Year
Central Bank: Economic Decline in Russia in the Third Quarter was 3.6 %
Gazprom and Roskosmos to Expand Cooperation on Satellite Systems
The Digital Ruble may Come into Circulation in Russia in Three - Seven Years

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Modern Art  St. Petersburg  Russian tourism  Russian television  Exhibitions in Moscow  Bell Ringins  Russian children  Kaliningrad  Kaliningrad Region  Exhibitions in St. Petersburg  Kronotskoye Lake  South Stream  Mercedes-Benz Fashion Week Russia  Pevek  Sochi Olympic Games 2014  Nutcracker  Russian technologies  astronomy  Festivals in Moscow  recruitement in Russia  travel to Russia  Buzz Barometer  Rebecca Horn  Rostelekom   Active Travel  Russian economy  Russian philosophers  Football  Film Festivals  Transsib  Fridman  Yuri Gagarin  corruption  economic crisis  Russian business  Moscow  Luzhkov  Committee of Civil Initiatives  Russian elections  Caucasian Mineral Waters  Russian Cinema  Russian Architecture  Eurovision  Olga Vilshenko  accident  Photo Exhibitions in Moscow  the XXII Olympic Winter Games in Sochi  physics  Insar  Mistral ships 

Travel Blogs
Top Traveling Sites