RussiaТs Kamaz swings to 1.517 bln rbl RAS net loss in 2019
MOSCOW, Mar 25 (PRIME) -- RussiaТs largest truck producer Kamaz has posted a 1.517 billion ruble net loss in 2019 against a 27.179 million ruble net profit in 2018, as calculated under Russian Accounting Standards (RAS), the company said in a statement on Wednesday.
Revenue increased by 6% on the year to 160.816 billion rubles, with domestic sales growing 4% to 144.609 billion rubles and exports rising 28% to 16.207 million rubles.
Assets of the company increased by 9.468 billion rubles in the period to 189.366 billion rubles as of the end of 2019.
(78.8493 rubles Ц U.S. $1)