KAMAZ has published financial statements for the first quarter of 2022 in accordance with RAS: total revenue increased by 28% compared to the same period last year and exceeded 61.5 billion rubles.
The company's net profit for the reporting period amounted to 529 million rubles against 1.01 billion rubles for the same period in 2021. Gross profit for the first quarter amounted to 6.27 billion rubles, which is 43% higher than the result of the same period last year (4.38 billion rubles).
According to the results of the implementation of the production plan for the first quarter of 2022, KAMAZ plants and divisions exceeded the same indicators of the previous year by 15-16%, which also contributed to the achievement of high financial results. Thus, the truck assembly plant, the final manufacturing enterprise of the company’s main products, handed over to customers for shipment in the first three months of the year 11,398 vehicle kits (9,796 units, + 16% to the same period last year). Also, 12,436 engines and power units were produced (10,803 units, + 15% to the same period last year). Since the beginning of the year, spare parts for KAMAZ vehicles have been shipped to dealers, service centers and corporate clients in the amount of 7.89 billion rubles (6.71 billion rubles, + 16% to the same period last year).