AvtoVAZ swings to 486 mln rbl RAS net profit in JanuaryЦJune
MOSCOW, Jul 26 (PRIME) -- Russian car producer AvtoVAZ posted a 486 million ruble net profit in JanuaryЦJune after a 6.597 billion ruble net loss in the same period in 2017, as calculated under Russian Accounting Standards (RAS), the company said in a statement on Thursday.
Revenue rose 34.4% to 140.01 billion rubles. Gross profit more than doubled to 11.064 billion rubles.
(63.0836 rubles Ц U.S. $1)