Lotus shocks, heads toward profitability as fiscal year closes

2016 Lotus Elise Race 250Lotus has pulled a money-laden rabbit from its top hat. With the results of its 2016/2017 fiscal year, Lotus Group International Limited’s operations are heading toward profitability. At the close of the fiscal year, Lotus posted a positive earnings before interest, tax, depreciation, and amortization (EBITDA) of $2.6 million. In the 2015/2016…

Via: http://www.motorauthority.com/news/1112060_lotus-shocks-heads-toward-profitability-as-fiscal-year-closes

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: