Advertisement

Jetcon sees increased profits

Listed used car dealer Jetcon Corporation is reporting increased revenues and profit during the second quarter of its financial year.
     
Revenues increased 52 per cent to $291.9 million during the April to June period when compared to last year.
     
Net profit amounted to $42.7 million up from $21.5 million a year ago.
  
Jetcon says its inventory of motor vehicles and parts increased since June 2016 to $336 million.
     
It says this is a deliberate strategy to increase choice for customers which is expected to grow sales.


comments powered by Disqus
More Stories
Most Popular
Quarrie defends decision to reveal...
Several Strata Corporations delinquent in...