KAMAZ shares financial plans for 2023

Despite the difficult realities of the outgoing year, KAMAZ is closing it better than the previous one, which was the most successful in the company's history in terms of financial indicators. At the end of 2021, the company earned 4.6 billion rubles of net profit under IFRS, revenue amounted to 272 billion rubles. The company does not disclose the exact figures of 2022: under the sanctions, KAMAZ does not publish financial statements.

The business plan for 2023 provides for revenue of more than 300 billion rubles, EBITDA at the level of 24 billion rubles, and net profit of 5 billion rubles.

As for production indicators, in 2022 the production volumes of KAMAZ vehicles are expected to be approximately at the level of 2021. Thus, for 11 months, the auto giant produced 39,849 vehicles. By the end of 2022, 43,828 units are expected. For comparison, in 2021 the company produced 44,148 trucks.

NAPI (National Industrial Information Agency)

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