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)