Russia's Kamaz narrows full-year 2010 net loss

Newswire

MOSCOW, May 31 (Reuters) - Russia's top truck maker Kamaz narrowed its full-year 2010 net loss to 763 million roubles ($27.19 million) from a revised loss of 2.2 billion roubles in 2009. Revenue rose 21 percent to stand at 74 billion roubles, Kamaz said in a statement. Earnings before interest, taxation, depreciation and amortisation (EBITDA) rose more than fivefold to 4.3 billion roubles, with an EBITDA margin climbing to 5.8 percent from 1.4 percent in 2009. Kamaz is 49.9 percent ...

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