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Record profit for AHG
4-September-08
Written by Adam Orlando
West Perth-based Automotive Holdings Group Ltd has reported a record underlying net profit for 2007-08 on the back of a 4 per cent increase in new vehicle sales.
The automotive dealer reported an underlying net profit of $48.4 million for the year to June 30 2008 as a result of strong performances from the group's automotive retailing and logistics divisions and in the face of challenging market conditions.
In a WA Business News interview prior to the official release of the results, managing director Bronte Howson said despite the turbulence in the automotive industry, consumer resilience to higher costs of living had provided AHG with stable trading conditions.
Article continues...
4-September-08
Written by Adam Orlando
West Perth-based Automotive Holdings Group Ltd has reported a record underlying net profit for 2007-08 on the back of a 4 per cent increase in new vehicle sales.
The automotive dealer reported an underlying net profit of $48.4 million for the year to June 30 2008 as a result of strong performances from the group's automotive retailing and logistics divisions and in the face of challenging market conditions.
In a WA Business News interview prior to the official release of the results, managing director Bronte Howson said despite the turbulence in the automotive industry, consumer resilience to higher costs of living had provided AHG with stable trading conditions.
Article continues...
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