Australian fleet-services firm SG Fleet Group recorded a net profit of $31.6 million for the 2017-18 financial year, continuing the company’s doubled-digit profit growth every six months since listing on the Australian stock exchange in 2015, reports Fleet Auto News.
The company’s first half net profit was 18.8% higher than the $26.6 million recorded on Dec. 31, 2016, according to Fully Loaded. This is on the back of a 15.4% increase in revenue company-wide to $154.2 million. The increase was due, in part, by the company’s acquisition of Fleet Hire and Motiva, both of which are U.K.-based companies.









