Brief: NZ Automotive Investments Sees HY Underlying NPAT Between NZ$1.4M To NZ$1.6M

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14/09/2021 22:23

Sept 15 (Reuters) - NZ Automotive Investments Ltd  NZA.NZ :
    * NZ AUTOMOTIVE INVESTMENTS LTD -  EXPECTS UNDERLYING NET
PROFIT
AFTER TAX FOR HALF YEAR TO 30 SEPT IN RANGE OF BETWEEN NZ$1.4M
TO NZ$1.6M
    * NZ AUTOMOTIVE INVESTMENTS - ONCE AUCKLAND MOVES DOWN ALERT
LEVELS, MANAGEMENT EXPECTS BUSINESS TO BOUNCE BACK IN H2 OF FY
    * NZ AUTOMOTIVE INVESTMENTS - EXPECTED TO BENEFIT FROM A
ONE-OFF
NON-RECURRING GAIN OF ABOUT NZ$0.8M BEFORE TAX IN H2 OF CURRENT
FY

Further company coverage:  NZA.NZ 

 (Reuters.briefs@thomsonreuters.com)