RAS net profit of OJSC SAZ (Saransk Dump Truck Plant) for H1 2013 decreased 2.84-fold to RUB 4.89 million from RUB 13.87 million the year before, the company reported.
Revenue decreased by 1.3% to RUB 176.071 million from RUB 178.392 million, sales profit 3.81-fold to RUB 4.229 million from RUB 16.093 million, pre-tax profit 2.91-fold to RUB 6.038 million from RUB 17.546 million.
OJSC SAZ (Saransk Dump Truck Plant, tax number: 1325035424) was established in 1960. Its mission was to build dump trucks based on the truck chassis of OJSC Gorky Automobile Plant (GAZ, part of GAZ Group) for mainly agricultural applications. Today, the enterprise is principally engaged in the development and production of dump trucks and other special-purpose motor vehicles, trailers for lorries and passenger cars, spare parts and agricultural machinery.
According to the information and retrieval system DataCapital, RAS net profit of SAZ for 2012 grew by 11.19% to RUB 22.877 million from RUB 20.574 million for 2011. Revenue decreased by 1.8% to RUB 359.2 million from RUB 363.502 million, sales profit by 25.95% to RUB 22.154 million from RUB 29.917 million, pre-tax profit increased by 6.62% to RUB 29.648 million from RUB 27.807 million.