Russia’s Kamaz RAS net profit soars to 2.98 bln rbl in Jan–Sep

MOSCOW, Oct 13 (PRIME) -- The net profit of Russia’s largest truck maker Kamaz soared to 2.979 billion rubles in January–September from 279.4 million rubles in the same period of 2016, as calculated under Russian Accounting Standards (RAS), the company said in a report on Friday.

Revenue increased 33.1% on the year to 95.524 billion rubles in the period, and gross profit more than doubled to 12.644 billion rubles.

(57.6869 rubles – U.S. $1)

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