RussiaТs Kamaz IFRS net profit soars to 3.5 bln rbl in 2017 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

RussiaТs Kamaz IFRS net profit soars to 3.5 bln rbl in 2017

MOSCOW, May 3 (PRIME) -- The net profit of RussiaТs largest truck producer Kamaz soared about fivefold on the year to 3.45 billion rubles in 2017, as calculated under International Financial Reporting Standards (IFRS), the company said in a preliminary report release on Thursday.

Revenue grew 18% on the year to 156 billion rubles in 2017.

Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 10.8 billion rubles, with EBITDA margin rising to 6.8% from 4.6%.

(61.9997 rubles Ц U.S. $1)

End

03.05.2018 10:14
 
 
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