KamAZ has released its financial results for the first half of 2025 under International Financial Reporting Standards (IFRS), reporting a net loss of 30.9 billion rubles. This sharply contrasts with a profit of 3.672 billion rubles for the same period last year, when the figure decreased by 3.7 times compared to 2024. The group's consolidated revenue amounted to 153.94 billion rubles, which is 18% less than last year's level, and net debt decreased to 141.8 billion rubles.
Financial difficulties are associated with a 60% drop in the truck market and the tight monetary policy of the Central Bank of Russia, which affected the income of all divisions except financial leasing. Positive cash flow from operating activities reached 50.253 billion rubles, which allowed the company to maintain liquidity and comply with the terms of credit agreements, despite the increase in financial costs. The complication of supply chains has also become a significant factor that negatively affected profitability.
The company plans to continue the cost-saving program and improve operational efficiency in the second half of 2025, which may improve financial performance. Representatives of KamAZ emphasize that such measures are aimed at overcoming current challenges and stabilizing the market position.
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