Bridgend-based John Raymond Transport saw another year of gains in 2022 after boosting profits by 50%.
The transport and warehousing haulier increased pre-tax profit by almost £260,000 to £776,000 in the year ending 31 December 2022, its latest financial results showed.
The result almost returned the haulier to the profit it reported in 2020 of just over £800,000.
However, turnover fell during the period by 11.7% to £26.2m.
This was still significantly more than revenues reported in the year ending 31 December 2020 of £20.8m.
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Its figures also showed that haulage accounted for £12.3m of the company’s revenue, with a further £13.2m derived from subcontracting.
It generated sales of £637,000 in its storage and handling work.
In a review of the company’s business the operator said: “Whilst the current economic outlook is uncertain the directors are optimistic about the future of the company and expect the company to yield a profitable return in the coming year also.”
The haulier currently holds international operating licences in the Welsh, West Midlands, West of England, and North West traffic areas.
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