KAMAZ expects to receive 200 - 230 m rubles of net profit in 2016
OREANDA-NEWS. At the end of 2016 KAMAZ managed to increase its revenue, by receiving operating profit, while the company had a negative performance in the previous year. It was announced by the general director of the enterprise, Sergey Kogoghin.
"The business plan of KAMAZ for 2016 presumed that the automaker will earn 112 billion rubles in revenues and 50 million rubles of net profit. As a result, for the year we will have 125 billion rubles in revenues and 200 - 230 million rubles of net profit (against 2.38 billion rubles of net loss in 2015)”, - said at the end of 2016, Sergei Kogoghin, who was cited by the press service of KAMAZ.