Net profit of JSC "Lutsk Automobile Plant" (LuAZ) for the first quarter of 2005 amounted to UAH 40.593 million (UAH 3.549 million in Q1 2004), according to the company's financial results report. \n \nRevenue from sales of the enterprise's products amounted to UAH 216.5 million, which is 1.7 times more compared to the same period of 2004. \n \nThe cost of goods increased compared to Q1 2004 by 47.1% to UAH 143.9 million. \n \nNon-current assets of the enterprise grew from UAH 34.97 million at the beginning of 2005 to UAH 35.12 million as of March 31, 2005; current assets - from UAH 488.65 million to UAH 595.84 million. \n \nLong-term liabilities of the company compared to the beginning of the year remained unchanged and amounted to UAH 0.142 million; current liabilities grew by 21.5% and as of March 31 amounted to UAH 377.96 million. \n \nFor reference. Net profit of JSC "Lutsk Automobile Plant" for 2004 amounted to UAH 29.511 million, whereas in 2003 the plant received a profit of UAH 10.425 million. \n \nThe volume of marketable output of "LuAZ" in current prices for 2004 amounted to UAH 413.17 million, with 21,928 VAZ vehicles manufactured worth UAH 396.4 million, 330 UAZ vehicles worth UAH 8.57 million, and 380 trucks worth UAH 5.65 million. \n
LuAZ's net profit for the first quarter amounted to UAH 40.59 million
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