Turners Auctions has announced a net after-tax profit of $4.2 million – 14% up on 2011.
Revenue for the year was $78 million, an increase of 4%.
Turners says that its commercial plant and truck division performance was “steady”, while its damaged vehicle division grew on the back of new business.
The directors have elected not to declare a special dividend this year, because the group is currently considering a number of growth opportunities.
