(ADPnews) - Nov 30, 2009 - Car dealer Toyota Caetano Portugal SA (ELI:SCT) on Friday reported a consolidated net profit of EUR 9.16 million (USD 13.8m) for the nine months to September 2009, an annual surge of 226%.
The excellent net profit was a result of efforts on operating level, and lower interest rates and reduction of the banking debt, the firm said in a filing to Portugal's national bourse regulator CMVM.
The turnover in the January to September 2009 came in at EUR 290.7 million, down 26% year-on-year. The decrease reflects the general reduction in the sales in the automotive …
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