Kamaz has made a net profit of 339 million rubles in 2016

Kamaz has made a net profit of 339 million rubles in 2016

RusAutoNews.Com – The net profit of Kamaz has amounted to 339 million rubles in 2016, in contrast with the previous year’s loss of 2 billion rubles, as stated in the corporate publication of the company, with reference to the management report.

The revenues have reached 127.2 billion rubles (+31%). The investment made by the company in the development of the production of the new model range has amounted to 6.887 billion rubles.

As stated in the report, according to the operational data of Kamaz , 34,323 vehicles have been sold in 2016 (21% year-on-year increase). Truck sales reached 28,122 units in Russia, alongside the export figure of 6201 vehicles (+6%).

The share of the brand in Russian truck market over 14 tonnes gross weight amounted to 56% in 2016 (up from 51% in 2015).