Turners says pretax earnings may rise 14% in first half, sees annual gain from existing businesses

Wed, 14 Sep 2016

By Jonathan Underhill Sept. 14 (BusinessDesk) - Turners Group, the financial services firm formerly known as Dorchester Pacific, said pretax earnings may rise 14 percent in the first half, putting the company on track for annual profit growth. The company gave guidance for pretax profit of $11.6 million in the six months ending Sept. 30, from $10.3 million a year earlier. earnings on that basis are expected to grow at least 10 percent in the year ending March 31, it told shareholders at their annual meeting in Auckland today. Turners h...

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