The 2012-net profit at AvtoVAZ moved down 14.72 fold to 211mln rub. from 3.106bn rub. prior year, the company informed.
The revenues increased 4.79% to 183.217bn rub. from 174.846bn rub.; profit from sales rallied down 49% to 2.376bn rub. from 4.659bn rub.; pretax profit - 6.71 fold to 518mln rub. from 3.476bn rub.
AvtoVAZ (TIN 6320002223) is one of the leading car makers in the Eastern Europe. The share capital is worth 9.25bn rub. split in 1388289720 common and 461764300 preferred stocks of 5 rub. par. Rostekhnologii, Renault Concern and Troika Dialog IC have 25% each.
The 9-month 2012 net profit (RAS) declined 2.11 fold to 1.191bn rub. from 2.508bn rub. prior year; revenues increased 4.11% to 133.675bn rub. from 128.403bn rub.; profit from sales dropped 44.07% to 3.307bn rub. from 5.913bn rub.; pretax profit - 43.46% to 1.798bn rub. from 3.18bn rub
"AK&M", 19.03.2013
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