Thread: Holden Profit
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Old 11-05-2012, 06:43 PM   #53
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Default Re: Holden Profit

Quote:
Originally Posted by Nikked
2010: $112 million net profit
2009: $211 million net loss
2008: $70 million net loss
2007: $6 million net loss
2006: $147 million net loss
2005: $145 million net loss

2004: $216 million net profit
2003: $287 million net profit
2002: $257 million net profit
2001: $285 million net profit
2000: $135 million net profit

Approximately 700 million profit over 10 years, so it makes it a profitable business overall....

I can't/won't try and explain why they went for the gov't handout, but judging by those figures I can understand why the gov't would think it's a worthwhile investment.
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