The IH 2014 net losses at GAZ reached 1.315bn rub. (IAS) against 195.777mln rub., the company informed.
The revenues declined 7.86% to 54.997bn rub. from 59.688bn rub.; gross profit - 13.58% to 8.893bn rub. from 10.29bn rub.; pretax losses coming to 1.625bn rub. vs. 486.679mln rub. in profit.
GAZ Group (TIN 5200000046) is the largest car maker in Russia. It was founded in 2005 through the restructuring of Ruspromavto. The Group involves OAO GAZ, 18 car making entities, sale and servicing structures. The headquarters is in N.Novgorod.
The share capital is worth 19.97mln rub. split in 18520260 common and 1453500 preferred stocks of 1 rub. par. Russian Machines holds 61.05%.
The 2013-net profit rallied down (RAS) 42.79% to 391.728mln rub. from 684.707mln rub. prior year, the company informed.
The revenues added 4.09% to 24.353bn rub. from 23.397bn rub.; profit from sales being down 2.92% to 1.828bn rub. from 1.883bn rub.; pretax profit being halved to 454.316mln rub. from 931.942mln rub.
The 2012-net profit (IAS) climbed up 2.95% to до 8.751bn rub. from 8.5bn rub.; revenues declined 4.5% to 126.952bn rub. from 132.445bn rub.; EBITDA gained 14.3bn rub.; EBITDA margin gained 11.2%.
"AK&M", 14:05, 03.09.2014 1251 AKM,COR