17 Jul 2013 14:44

Nissan plant in Russia boosts 2012 earnings 10%

ST. PETERSBURG. July 17 (Interfax) - The Nissan Manufacturing Rus factory in St Petersburg boosted net profit to Russian Accounting Standards (RAS) 10.2% in 2012 to 3.947 billion rubles, according to the SPARK-Interfax database.

Sales revenue grew 50% to 142.57 billion rubles.

Nissan Manufacturing Rus financial highlights ('000 rubles):

	2012	2011
Sales revenue	142 574 251	97 388 999
Cost of sales	133 720 989	90 570 184
Gross profit	8 853 262	6 818 815
Operating profit	4 046 271	4 225 389
Profit before tax	4 766 789	4 325 339
Net profit	3 947 360	3 582 799

The plant opened at the beginning of June 2009 and produces the Teana, X-Trail and Murano. It launched SKD assembly of the Infiniti FX and Infiniti M in April last year.