Kamaz eyes 500 mln rbl net profit, 197 bln rbl revenue in 2019

MOSCOW, Dec 25 (PRIME) -- Russia’s largest truck maker Kamaz plans to receive a net profit of 500 million rubles in 2019 on a revenue of 197 billion rubles, the company said in a statement on Tuesday following a meeting of the board of directors, which approved a business plan for 2019.

“The net profit should reach 500 million rubles given a revenue of 197 billion rubles,” the company said.

The company plans to sell 39,000 trucks in 2019, including 33,000 trucks sold in Russia.

“Under the document (the business plan of the company), Kamaz is to sell 39,000 vehicles next year, of which 33,000 vehicles will be supplied to the Russian market, and 6,000 will be delivered to the markets of other countries. The share of Kamaz on the Russian truck market will reach 45%,” the statement read.

(68.4073 rubles – U.S. $1)

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