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Colonial Motor's profit decline improved by post-lockdown bounce back

Directors consider $17.3m profit 'very satisfactory'.

Julie Iles Wed, 26 Aug 2020

Although The Colonial Motor Company suffered a 21% profit drop to $17.3 million for the 2020 financial year due to Covid impacts, it could have been worse without a post-lockdown bounceback.

The NZX-listed car, motorcycle, truck and agricultural equipment dealer also recorded a 17% drop in

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Colonial Motor's profit decline improved by post-lockdown bounce back
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