PJSC Ulyanovsky Avtomobilny Zavod increased its share in the authorized capital of OJSC Zawolzhsky Motorny Zawod to 30.6% from 29.94%, UAZ informed.
Public JSC Ulyanovsky Avtomobilny Zavod (UAZ, English: Ulyanovsk Automobile Plant, tax number: 7300000029) established in 1941 now is part of the company Sollers. The enterprise accounts for about 15% of the Russian off-road motor vehicle market. Since late 2003, the plant has been manufacturing UAZ Hunter; since August, 2005 it has been engaged in series production of UAZ Patriot.
The authorized capital of the enterprise of RUB 4.143 billion and is represented by 3,725,819,763 common and 416,837,248 preferred shares at par value of 1 ruble Rosimushchestvo owns 13.19% of its authorized capital (14.67% of common shares), 66.07% (67.77% of common shares) belonging to OJSC Sollers.
According to the information and retrieval system DataCapital, net profit (RAS) of the company for January-September 2012 increased 2.33-fold to RUB 1.229 billion from RUB 526.832 million the year before. Revenue increased by 4.87% to RUB 19.498 billion from RUB 18.593 billion, sales profit decreased by 10.04% to RUB 1.111 billion from RUB 1.235 billion, pre-tax profit rose by 93.18% to RUB 1.372 billion from RUB 710.213 million.
OJSC Zawolzhsky Motorny Zawod (tax number: 5248004137) produces internal combustion engines. The enterprise makes over 80 engine models with the operating volume of 2.2 to 4.67 liters, complying with today's environmental standards, intended for automobiles and buses of three Russian automobile manufacturers: OJSC GAZ, OJSC UAZ, OJSC Pavlovo Bus Plant (PAZ).
The company's authorized capital is RUB 150.31 million represented by 112,734,490 common and 37,578,123 preferred shares at par value of 1 ruble. Zawolzhsky Motorny Zawod is part of the Sollers holding.
Net profit (RAS) of OJSC Zawolzhsky Motorny Zawod for January-September 2012 increased 7.14-fold to RUB 256.347 million from RUB 35.883 million the year before. Revenue rose by 12.3% to RUB 5.805 billion from RUB 5.169 billion, sales profit was RUB 179.748 million against a loss of RUB 100.251 million, pre-tax profit increased 6.28-fold to RUB 319.993 million from RUB 50.952 million.
AK&M "M&A Market"
"AK&M", 28.12.2012 13:57
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