AvtoVAZ says RAS net profit slides 86.2% to 207 mln rbl in 2022 - Engineering & Hi-Tech - 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

AvtoVAZ says RAS net profit slides 86.2% to 207 mln rbl in 2022

Autovaz04MOSCOW, Mar 7 (PRIME) -- The net profit of RussiaТs largest car producer AvtoVAZ plummeted by 86.2% on the year to 206.6 million rubles in 2022, as calculated under Russian Accounting Standards (RAS), the company said in a report on Tuesday.

Revenue grew by 43.7% to 169.6 billion rubles, cost of sales fell by 41.2% to 162.3 billion rubles, and pretax profit dropped by 66.7% to 1.5 billion rubles.

(75.4728 rubles Ц U.S. $1)

End

07.03.2023 11:02
 
 
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