New cars drive profit at Jetcon

Jetcon Corporation, a listed auto dealer, swung from loss to profit in 2025 as it shifted decisively from pre-owned vehicles to new-car sales. Revenue nearly doubled to $941 million from $520 million a year earlier. Gross profit jumped to $239.5 million from $21.5 million. Net profit came in at $95.2 million, reversing a $74.3-million loss in 2024. Earnings per share were 16.3 cents.