Russia’s Gorky Automobile Plant (GAZ) posted a net profit of RUB481.1m in January–September against a net loss of RUB296.1m a year earlier, as calculated under Russian Accounting Standards (RAS), according to company documents seen by the Prime news agency.
The company’s net profit fell 74.9% year on year to RUB139.3m in July–September.
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GAZ, located in the Nizhny Novgorod region, is the main plant of Russian auto manufacturer GAZ Group.
