Financial results of TATRA truckmaker

Published: 03.10.2019 Related countries:  Egypt Egypt

TATRA truckmaker sold 841 vehicles

 TATRA TRUCKS posts CZK 4.21bn turnover, sold 841 vehicles

Truckmaker TATRA TRUCKS reported a net turnover of CZK 4.21bn for 2018. The financial result ended with a loss of CZK -55.27m. The result was influenced e.g. by the situation of the largest customer of the brand from previous years, the Ministry of Defense of India, which in 2018 did not have a budget for the purchase of vehicles. In the annual report published in the Commercial Register, the company stated that it had manufactured 792 vehicles and sold 841 vehicles in the period under review. The company continued to invest in production equipment with the aim of increasing productivity and boosting production capacity to meet its customers' growing demand for TATRA fully-powered off-road vehicles.

Source: CIA News