Turners Group lifts first-half profit 15%, eyes further acquisitions

Thu, 24 Nov 2016

By Tina Morrison Nov. 25 (BusinessDesk) - Turners Group, the financial services firm focused on the automotive sector, posted a 15 percent gain in first-half profit and said all its businesses were expected to lift earnings in the full year. Profit rose to $8.5 million, or 12.95 cents per share, in the six months ended Sept. 30, from $7.4 million, or 11.55 cents, a year earlier, the Auckland-based company said in a statement. On a pretax basis, profit of $11.8 million was ahead of the company's forecast of $11.6 million and the year earli...

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