Til Logistics' 1H result returns to profit

Tue, 23 Feb 2021

Til Logistics said its first-half net result turned to $2.7 million from a $2.2m net loss in the previous first half because of improved trading across most of its divisions.Earnings before interest, tax, depreciation and amortisation jumped 38% to $32.9m for the six months ended Dec 31.The company said the recovery in activity since last year's nation-wide lockdown has included sectors important to its sales, such as residential construction, infrastructure, food and beverage and agriculture."The second quarter also benefitted as pres...

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