Imperial of South Africa Profit Rises Amid Tough Car-Sale Market

Updated on
  • Car dealer see unchanged profit in 2016; vehicle sales to fall
  • Company in talks with government about how to boost economy

Imperial Holdings Ltd. said first-half profit rose even as the weaker rand and subdued vehicle sales stifled trading and the owner of South Africa’s biggest car-dealership network said conditions were unlikely to improve in the near term.

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