CMO reports Double-Digit Decline in Revenue

Be the First to Comment Read

CMO reports Double-Digit Decline in Revenue

For the year ended 30 June 2020, The Colonial Motor Company Limited (NZX: CMO) reported total revenue of $754.9 million, down by 17% Y-o-Y mainly due to COVID-19 lockdowns in the second half and general easing of the motor vehicle market.

The trading PAT for the year was down by 21% Y-o-Y to $17.3 million and profit for the year attributable to shareholders, was unchanged at $21.8 million. The company has decided to pay a final full year dividend of 32.0 cents per share.

Disclaimer

Speak your Mind

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK