Lotus with its special edition model disclosed its pre-tax profit of $2.6 million

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Lotus

Lotus after the completion of its fiscal year of 2016- 2017 has declared a dramatic financial turnover and disclosed its pre- tax profit. During the following years, the car maker of British Sports car had made an impressive profit of $2.6 million for the super sports car. There is a significant improvement to the pre- tax loss of $21 million, which was made by the sports car maker company in the previous economic years.
Lotus
Lotus
Lotus had to face an enormous loss of $14.5 million in the last fiscal year. The loss of sports car maker was mended by taking in accounts the taxes, interests, amortizations, and depreciation. Hence, to earn financial stability, Lotus has to go to some extreme performance level. It was also suggested for the development of the company’s financial stability that Lotus needs to launch some new models. However, the economic improvement of the brand had not been achieved by the launching of all its new models.Lotus
Lotus
The company has also made a blunder by only offering the car lovers with a limited stock of extraordinary models. This extra- ordinary stock of Lotus models includes the vehicles like Exige Cup 380, Evora GT430, Exige 350 Special Edition, Elise Sprint, Elise 250 Special Edition and Exige Sport 380. This entire extraordinary and an extra- featured car were introduced within the past 12 months. According to the Jean- Marc Gales, the boss of Lotus exclaimed that the current Elise and Exige models would keep their reputation until the upcoming decades.
Lotus

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