Aston Martin posts first profit in eight years as it eyes IPO
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BRITISH luxury carmaker Aston Martin Holdings Ltd reported its first annual profit in eight years amid strong sales of its latest sports car models, paving the way for a potential initial public offering.
The manufacturer famous for making film spy James Bond's favourite car said on Monday that pretax profit swung to £87 million (S$159.4 million) last year from a loss of £163 million in 2016. The profit was the first since 2010, according to a spokesman.
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