KamAZ boasted record profits and showed new KamAZ K5 vehicles rolling off the assembly line

by alex

According to the results of the first half of 2023, KamAZ’s net profit doubled compared to the same period in 2022

KAMAZ disclosed the financial results of its activities in the first half of 2023 – they are quite positive.

So, in the first six months of 2023, KamAZ’s net profit according to IFRS reached 13.5 billion rubles – twice as much as in the first six months of 2022. During the same period, revenue increased by 25% (to 166.8 billion rubles). Gross profit increased from 21.9 billion to 31.9 billion rubles, operating profit – from 11.9 billion to 16.9 billion rubles.

KAMAZ also published a video in which it showed the final assembly and exit from the assembly line of the new K5 KAMAZ trucks.

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