Business

Profit upgrade issued by Turners Auctions

05:46 am on 24 October 2009

Turners Auctions has issued a profit upgrade.

The car auctioneer says it now expects to make a profit of between $3.1 million and $3.3 million, due to an increase in car purchases in the third quarter.

Turners previously forecast it would make a profit of between $2.6 million and $2.8 million.