Russia's truckmaker Kamaz triples 2012 net profit

Newswire

MOSCOW, Apr 30 (Reuters) - Russian truckmaker Kamaz said on Tuesday it more than tripled 2012 net profit to 5.8 billion roubles ($187.57 million). Kamaz, in which German autos group Daimler has an 11 percent stake, has been on a recovery path after being hit hard by the 2008 financial crisis when construction firms and heavy industry, where Kamaz finds most of its customers, were forced to scale back production and cancel projects. Kamaz's 2012 full-year ...

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