Main takeaway: Turners navigates ‘deepest downturn’ with profit gain in the six months ended September, while margin and pricing pressure starting to ease.
Listed car dealer Turners is another key automotive player pointing to the subdued economy putting pressure on margins and prices, while it managed to produce a higher profit.
The NZX-listed company’s net profit in the six months ended September 30 rose 4% to $19.3 million, while revenue
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Main takeaway: Turners navigates ‘deepest downturn’ with profit gain in the six months ended September, while margin and pricing pressure starting to ease.
