NZ's Turners Automotive eyes best day in 2-1/2 years on HY results

Turners Automotive

21/11/2023 23:52

** Shares of Turners Automotive Group  TRA.NZ  rise as much
as 4.71% to NZ$4.450, their highest level since Jan 21, 2022
    ** Stock on track for best day since May 24, 2021, if gains
hold 
    ** Automotive financial services provider posts HY revenue
of NZ$214.2 mln ($128.26 mln), up 16%
    ** Net profit after tax (NPAT) at NZ$18.5 mln, up 8%
    ** More than 77,000 shares change hands by 2334 GMT, about
1.7 times the 30-day average volume
    ** Stock up 29.18% this year, as of last close

($1 = 1.6700 New Zealand dollars)

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))