Pattrick Smellie: BusinessDesk managing editor on TradeMe posting an increased net profit for the year to June
Online auction site TradeMe posted a $4.7 million net profit after tax for the year to June, turning around earlier losses.
Experts believe the return to profit came from the site raising their prices- especially in its property arm.
BusinessDesk managing editor Pattrick Smellie explains how this increased net profit impacts TradeMe's overall earnings.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.