Kamaz swings to 3.5 bln rbl IFRS net profit in January–October
MOSCOW, Nov 9 (PRIME) -- Russia’s largest truck maker Kamaz posted a more than 3.5 billion ruble net profit in January–October against an 860 million ruble loss in the same period of 2016, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.
Revenue grew 26% on the year to 117.9 billion rubles in the period.
Investment in production jumped 59% to more than 11.2 billion rubles, the company said.
(59.2480 rubles – U.S. $1)
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09.11.2017 11:06