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Hot Topic Hawke’s Bay
Investment
2 mins to read

Another profit downgrade for 2 Cheap Cars owner

NZ Automotive warned in January its profit would fall this year.

Hamish McNicol Fri, 01 Apr 2022

The NZX-listed owner of second-hand car dealer 2 Cheap Cars has issued another earnings downgrade following the “unexpected and sudden” strengthening of the New Zealand dollar.

NZ Automotive Investments, which also operates vehicle finance company NZ Motor Finance, on late Friday said that

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Hamish McNicol Fri, 01 Apr 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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2 Cheap Cars owner warns profit will fall as CCCFA rules weigh
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2 Cheap Cars owner profit falls to lower end of guidance

Company profile
Powered by: nzx logo
Change:
Price
Previous Close
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Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
Investment

2 Cheap Cars owner warns profit will fall as CCCFA rules weigh
Investment

2 Cheap Cars owner profit falls to lower end of guidance

Another profit downgrade for 2 Cheap Cars owner
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