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KamAZ

July 15, 2004

KAMAZ Inc.: results of the first half of 2004

The Group of KAMAZ Inc. (including NefAZ Inc. and Autopritsep-KAMAZ Inc.) has manufactured and marketed its product valued 16,305 million rubles within the first half of 2004. This is by 25,9% higher as compared with the same period of 2003.

The Company delivered its customers 13 578 trucks (31,6% more vs. 2003), 20 040 cars (6,6% increase), 17 214 engines and power units (24,3% increase), spare parts for value of 2,782 billion rubles (15,8% increase) and products of diversification valued 1,570 billion rubles (10,5% increase). KAMAZ Inc. in cooperation with its subsidiaries- NefAZ and Stavropol-Avtopritsep- has assembled 417 bus chassis and buses, 4361 trailers and semi-trailers. There were exported 2694 trucks within the first half of 2004, this is 20% of the total output. KAMAZ Inc. leased 846 vehicles out within that period.

Successful accomplishment of financial and current plans of the Company in June has overlapped 2003 production volumes significantly. In June there were manufactured and delivered to the Russian market and for export 3,300 billion rubles’ goods, including 2 783 trucks, 3 520 cars, 3 460 engines and power units, spare parts valued 541,9 million rubles, and products of diversification for 250,8 million rubles. For the first time this year a monthly export volumes in June have exceeded 600 units.

KAMAZ Inc. has marketed 2 200 trucks on the Russian market in June. Thus, within a last few years results per month and results of the first 6 months have approached a record indication.

 


© www.kamaz.net, 2004

 

 

 

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