Mechanical Lloyd’s revenue rises marginally
Enoch Darfah Frimpong
Business News
The revenues Mechanical Lloyd Company Limited rose marginally to GH¢18.86 million in the first half of the year.
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The company’s current revenue was about five per cent higher than the GH¢17.99 million recorded in the first half of 2012.
Its first half year results showed that operating profit was GH¢1.66 million in the first half of the 2012, up from the previous period’s close of GH¢1.35 million.
The company which distributes Ford, BMW and Mersey Furgeson vehicles in the country, posted a net profit of GH¢1.26 million in the period under review.
That was higher than the GH¢1.1 million posted in the first six months of last year.
By Graphic Business / Ghana