Car dealer Colonial reaps record profit despite lumpy supply
New vehicle customers are facing waits of up to seven months in delivery.
NZX-listed Colonial Motor Company has reaped a record profit as Covid's impact to the new vehicle supply chain endures.
The Wellington-based company recorded a $27.9m profit in the year to June 30 - up 61% year-on-year and up nearly 20% on its previous record year in 2018.
Colonial Motor
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