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6-month net loss of UAZ was RUB 383.214 million

RAS net loss of Public JSC Ulyanovsky Avtomobilny Zavod for H1 2014 was RUB 383.214 million against a profit of RUB 384.577 million the year before, the company reported.

Revenue decreased by 29.19% to RUB 9.301 billion from RUB 13.135 billion, sales profit dropped 2.32 times to RUB 346.454 million from RUB 803.125 million, loss before tax was RUB 278.149 million against a profit of RUB 487.398 million.

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.

According to the DataCapital information retrieval system, RAS net loss of PJSC Ulyanovsky Avtomobilny Zavod for Q1 2014 grew 16.05-fold to RUB 631.751 million from RUB 39.362 million the year before. Revenue decreased 2.11-fold to RUB 2.75 billion from RUB 5.804 billion, sales loss was RUB 1.292 million against a profit of RUB 187.965 million, loss before tax increased 16.49-fold to RUB 592.133 million from RUB 35.91 million.

"AK&M", 20.08.2014


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