Kamaz says swings to 554 mln rbl RAS net profit in January–June

MOSCOW, Jul 17 (PRIME) -- Russia’s largest truck producer Kamaz posted a 554.04 million ruble net profit in January–June against a 2.002 billion ruble net loss in the same period of 2019, as calculated under Russian Accounting Standards (RAS), the company said in a report on Friday.

Revenue went up 18.2% to 74.57 billion rubles, and cost of sales rose 11% to 67.27 billion rubles.

(71.2310 rubles – U.S. $1)

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