Govt tender helps company improve performance


AscoAsco Motors has made a net profit of $6.7 million dollars for the first half year ended 30th September.

Toyota Tsusho trading as Asco Motors in Fiji, Samoa, Amercian Samoa and Tonga says this is an increase of 72 point 9 percent from the 3 point 9 million profit recorded last year.

The company says the profits were on the back of strong performances in Fiji and Samoa.

Asco Motors states the successful tender bid for the supply of 340 vehicles to the Fiji government has contributed to the improved performance in new and used vehicles and aftermarket operations.

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