2 Cheap Cars Group LimitedNZX: 2CC

2 Cheap Cars Group: HY25 profit dropped 48% year-over-year amid steady sales but margin pressure and market volatility

· Issued by 2 Cheap Cars Group Limited

Net profit after tax fell to $1.67m for HY25, with steady revenue but lower margins and EBITDA. Vehicle sales rose 9%, but ongoing economic downturn and market volatility prompt a conservative outlook and a 60% NPAT dividend payout.

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