Troubled Kenya car retailer CMC swings to year profit


* FY pretax profit 231 mln vs 209 mln loss in 2011 * Firm, authorities investigating certain offshore accounts * Gets notice of termination of Land Rover contract NAIROBI, Jan 31 (Reuters) - Kenya's CMC Holdings swung to a pretax profit of 231 million shillings ($2.6 million) in its year through September, from a loss in the previous year, the group said on Thursday. Shares of CMC, which has exclusive distribution contracts for ...

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