MTF

MTF profit down, but new loan sales improve

Motor Trade Finance hasbooked a decline in full-year after-tax profit, down 17% to $4.6 million, but has otherwise clawed back new loan sales to $288 million, from a low of $267 million in 2010.

MTF issue proves successful

MTF issue proves successful

Motor Trade Finances (MTF), of Dunedin, has successfully raised $100 million in a fully subscribed medium-term note issue, only the third securitisation in the country since the global financial crisis.

MTF lifts revenue in spite of big fraud

MTF lifts revenue in spite of big fraud

Listed Dunedin-based Motor Trade Finance has booked a slightly improved revenues and after-tax profit for the year to September; but returns from a $4.9 million fraud uncovered last year are yet to be quantified.

MTF predicts 'solid year'

MTF predicts 'solid year'

Dunedin-based vehicle finance company MTF has sufficient financial provisions to meet any losses associated with the February earthquake in Christchurch, managing director Angus Bradshaw says.

MTF confident for future

MTF confident for future

Dunedin-based Motor Trade Finances faced an uncertain future with confidence, managing director Angus Bradshaw said in the company's annual report.

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