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21/08/2014
17:38
6-month net loss of Nizhnekamskshina was RUB 73 million

Net loss of Open JSC Nizhnekamskshina for H1 2014 was RUB 73 million against a net profit of RUB 124 million the year before.

Revenue decreased by 19% to RUB 6.601 billion from RUB 8.157 billion, GP by 47% to RUB 439 million from RUB 826 million.

Open JSC Nizhnekamskshina / Nizhnekamskshina Corp. (tax number: 1651000027) is the largest tire manufacturer in the CIS producing tires for motor cars, fright carriers and agricultural machinery under the trade mark Kama. The annual capacity of the enterprise is 12.9 million tire covers. Nizhnekamskshina accounts for over 30% of the domestic tire output. The enterprise consists of 3 lines producing general tires, truck tires and radial type automobile tires. The enterprise employs more than 10 thousand people.

The enterprise is part of JSC Tatneft and has been engaged in processing operations since 2006.

According to the DataCapital information retrieval system, RAS net profit of Open JSC Nizhnekamskshina for 2013 was RUB 35.9 million, revenue was RUB 16.256 billion.



"AK&M", 21.08.2014

 

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