Brief: 2 Cheap Cars Says Profit For FY24 Will Likely Exceed Top End Of Previous Guidance
07/09/2023 22:53
Sept 8 (Reuters) - 2 Cheap Cars 2CC.NZ :
* PROFIT FOR FY24 WILL LIKELY EXCEED TOP END OF PREVIOUS
GUIDANCE
* INCREASING FY24 NPAT GUIDANCE TO A RANGE OF NZ$5.2M TO
NZ$5.7M
* SEES FY24 UNAUDITED YTD REVENUE OF CIRCA NZ$34.1M
* SEES UNAUDITED FY24 YTD GROSS MARGIN OF NZ$8.1M
* DIVIDEND POLICY IS TO TARGET PAYOUT RATIO OF BETWEEN 50%
AND 60%
OF UNDERLYING NPAT
Further company coverage: 2CC.NZ
((Reuters.Briefs@thomsonreuters.com;))
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