KAMAZ PTC HAS PUBLISHED FINANCIAL RESULTS FOR THE 1ST HALF OF 2020 IN ACCORDANCE WITH IAS

31
Авг
2020

As a result of the activities of the KAMAZ Group, a net profit of RUB 32 million was achieved in the first half of 2020, compared to a loss of RUB 3,204 million for the corresponding period last year.

The consolidated revenue of the group of organizations of KAMAZ PTC amounted to 85 billion rubles, exceeding the same indicator in 2019 by 9%.

Despite the decline in the truck market in Russia, the Group KAMAZ is still in first place among participants of the Russian market of trucks with GVW over 14 tons. The drivers of revenue growth were sales of trucks on the domestic market, including on financial leasing terms, and sales of passenger transport.

Revenue growth and anti-crisis measures taken to reduce costs led to improved operating performance and provided positive operating cash flow in the amount of 7,554 million rub. (6 months 2019: – 8,517 million rub). EBITDA for the reporting period was 6,062 million rub.

Success in current operations allows us to maintain an optimal level of investment in the development of new advanced projects in difficult economic conditions.

Earlier, KAMAZ published accounting statements for the first six months of this year under RAS: the company’s net profit for the reporting period amounted to 554 million rubles against a loss of 2 billion rubles for the same period in 2019, gross profit reached 7.295 billion rubles, which is higher than in the same period last year by 4.8 billion rubles

TRANSFER OF 15 KAMAZ TRUCKS TO THE “RUSSIAN POST”

24
Авг
2020

The President of the Republic of Tatarstan Rustam Minnikhanov took part in the transfer of 15 KAMAZ trucks to the “Russian Post”: 10 KAMAZ-5325, 3 KAMAZ-5490 and 2 newest KAMAZ-54901 prime movers.

In accordance with the agreement the postal service will get more than 500 trucks over the 2020-2022.

“I’m sure the trucks will improve service quality and help reduce the time of correspondence delivery,” – the President of Tatarstan said.

KAMAZ IS DEVELOPING A LINE OF K5 GENERATION CARS

10
Авг
2020

The Scientific and technical center of KAMAZ is working on the development of the main family of cars of the K5 generation. Next in line is the KAMAZ-65659 (6×2) tractor and the KAMAZ-65658 (6×2) chassis.

Along with the KAMAZ-54901 tractor, the design documentation for two versions of cars has been developed. This is a KAMAZ-65659 truck with a 6×2 wheel formula and a KAMAZ-65658 chassis with a 6×2 wheel formula. As explained by Igor Valeev, Deputy Chief Designer of KAMAZ PTC for cars, the main criterion for the development of these cars was to minimize fuel consumption while increasing the weight of the transported cargo and maintain the maximum permissible axial loads.

The KAMAZ-65659 tractor has a total weight of 26 tons and a technically permissible total weight of 44 tons as part of a road train. The car is equipped with an inline 6-cylinder KAMAZ – 910.10 engine with a power of 450 HP, the transmission is ZF Traxon. The cabin is 2500 mm wide, with a high roof and two sleeping places. The KAMAZ-65659 truck is technically unified with the KAMAZ-54901 car, but its key difference is the presence of a rear lifting axle, which allowed increasing the load on the hitch to 16.4 tons. At the same time, the mass of the towed semi-trailer is 34 tons. When there is no load, the rear axle rises, which reduces fuel consumption. The car is equipped with a hypoid drive axle, disc brakes on all axles, an electronic-pneumatic brake system, which also includes an anti-lock brake system (ABS), an anti-slip system (ASR) and a course stability system (ESP).

The KAMAZ-65658 chassis is designed for mounting various add-ons. Total weight – 26 tons lifting capacity – 16.3 tons, trailer weight – 18 tons, total train weight of 44 tons. The chassis is equipped with a 450 HP KAMAZ-910.10 engine and a ZF Traxon transmission. The cabin is 2500 mm wide, with a high roof and two sleeping places. Just like the KAMAZ-65659 truck, the key feature of this chassis is the presence of a rear lifting axle. The KAMAZ-65658 chassis is equipped with a hypoid drive axle, disc brakes on all axles, an electronic-pneumatic brake system, which also includes an anti-lock brake system (ABS), an anti-slip system (ASR) and a course stability system (ESP).

Today, KAMAZ-65658 and KAMAZ-65659 are undergoing acceptance tests at exploitation tests in NAMI site in Dmitrov, which should confirm the readiness of the car design for the start of serial production. Also, the new products perform runs, simulating real operation with different loads. In the near future, an experimental batch of KAMAZ-65659 truck tractors will be manufactured in the conditions of the main Assembly line for transfer to test operation. Serial production of the KAMAZ-65659 tractor is scheduled for the end of 2020, and the production of the KAMAZ-65658 chassis is planned for 2021.