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MTF's core annual profit falls after loan product withdrawn

Friday 29th November 2019

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Unrealised fair value gains boosted Motor Trade Finance's annual net profit 38 percent but underlying profit was down 8.6 percent, reflecting the withdrawal of its non-recourse lending product. MTF's net profit for the year ended September rose to $11.1 million from $8.1 million the previous year... 

Read the full story at BusinessDesk 

https://businessdesk.co.nz/article/mtfs-core-annual-profit-falls-after-loan-product-withdrawn

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