AvtoVAZ first half 2012 net profit for the period increased by 4.3 times to RUB27.4bn (US$873.5m) compared to the same period of 2011.

The automaker’s EBITDA for the period rose 23% to RUB5.4bn while group revenue increased 8.5% to RUB89.2bn, reported Ria Novosti.