NTS profits narrow due to low consumer demand, foreign currency shortages

NATIONAL Tyre Services Limited (NTS) profits narrowed from $624 405 to $153 919 during the year ended March 2017, as the company continues to suffer from low consumer demand and foreign currency shortages.

The company’s revenue dipped from $13 million to $11,9 million during the period.

“Given the difficult market and supply chain constraints, revenue declined by 8,8% compared to prior year.

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