11 May 2011 17:23

CORRECTED: Kamaz swings to 307 mln rubles RAS profit in Q1 2011

(headline, text adjusted)

MOSCOW. May 11 (Interfax) - OJSC Kamaz had 306.488 million rubles net profit to Russian Accounting Standards (RAS) in Q1 2011, compared with losses of 136.823 million rubles in the same period of last year, the truck maker said in an earnings report.

The company's sales revenue went up 50% to 19.371 billion rubles.