KAMAZ BOD affirmed the 2014-business plan, the company informed.
Some other issues were considered, as well.
KAMAZ Group (TIN 1650032058) includes 13 large special divisions on the development, production, assembling of automobile facilities and components.
The Group involves 110 entities in total including JVs in CIS and abroad.
The major holders are Rostekhnologii - 49.9%, Avtoinvest Limited - 24.53%, Daimler - 11%, KAMAZ International Management - 4.25%, EBRD - 4%, Decodelement Services Limited - 2.73%.
The IH 2013 net profit (IAS) rose 17.79 fold to 2.739bn rub. from 154mln rub. prior year period; revenues - 27.83% to 56.513bn rub. from 44.208bn rub.; operating profit - 4.12 fold to 4.262bn rub. from 1.035bn rub.; EBITDA - 2.42 fold to 5.487bn rub. from 2.265bn rub.
The 9-month 2013 net profit declined 23.38 fold (RAS) to 2.526bn rub. from 3.297bn rub. prior year; revenues - 5.98% to come to 77.185bn rub. from 82.091bn rub.; profit from sales - 20.82% to 4.658bn rub. from 5.883bn rub.; pretax profit - 24.12% to 3.272bn rub. from 4.312bn rub.