The revenue of KAMAZ has increased by 27% in 10 months

28.11.2016 / Finmarket

The revenue of KAMAZ has increased by 27% year-on-year within the January-October period of 2016, to 91 billion rubles, as published in the corporate newsletter of the company.

The operational profit of the company has amounted to 700 million rubles, on the other hand, almost twice the planned figure, in contrast with the 1.9 billion rubles operational loss during the same period of the previous year.

As stated previously, KAMAZ has increased sales by 22% year-on-year by the end of the first ten months of the year, exceeding 25,000 trucks. The company plans to sell 34,000 trucks within this year (7% over the business plan).

KAMAZ has reduced the net loss to 292 million rubles by the end of 10 months, from 4.326 billion rubles last year and plans to make a profit in 2016.

The share of KAMAZ in Russian heavy trucks market has reached 58%.