Kamaz sees Net Profit up 90% FY 2007
Published 27 Aug, 2008 07:24 | Updated 27 Aug, 2008 11:24
Russian truckmaker Kamaz has reported a 90% jump in its Full Year 2007 Net Profit under IFRS.
Revenues were up 37% to $3.95 Billion with the company selling 54,200 trucks for the year (up 24%). The company attributed the results to buoyant market conditions, increased production, and effective cost control.
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