Net profit of GAZ has increased by 18% in 2016

Net profit of GAZ has increased by 18% in 2016

RNS – The net profit of GAZ Group has risen by 18.15% year-on-year in 2016 – to 78.7 million rubles, as stated by the company.

The revenues increased by 34.5% – to 20.8 billion rubles.

The gross profit of the company, on the other hand, was up by 78.2% – to 2.71 billion rubles.