The Russian flagship of the automotive industry has published a financial report for 2023, and it is quite positive
KamAZ published its financial report for 2023 (according to the Russian Accounting Standard, RAS). In financial terms, last year turned out to be quite positive for KamAZ: net profit increased 2.4 times (to 12 billion 703 million rubles), and revenue amounted to 354 billion 713 million rubles (an increase of 33.2% in annual terms).
«Revenue growth is due to the dynamics of truck sales in the domestic market, growing demand for the flagship of the new generation of K5 — KAMAZ-54901 and an increase in sales of passenger transport (buses, electric buses) as part of the implementation of the national project „Safe quality roads“ and other federal projects», — the company explained.
Over the past year, KamAZ produced about 53 thousand units of equipment: almost 2 thousand buses and electric buses, more than 4 thousand trailers and semi-trailers, 5 thousand flagship long-haul tractors KAMAZ-54901, 4.85 thousand. medium- and light-duty vehicles of the «Compass» line.