Turners Auto expects half-year profit to be 'modestly' ahead of last year

Tue, 25 Oct 2022

Turners Automotive Group said first-half pre-tax profit would be “modestly” ahead of last year’s $23.2 million.The dual-listed automotive company said it had seen an increase in car units sold year-on-year. This was despite the wider NZ used car market being down 7.5% year-to-date – between April and September – compared with the same period last year.Turners said it the increase in car units sold led to strong growth of its market share, despite a challenging macro environment during the period, with four mon...

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