Tourism Holdings first-quarter US vehicle sales margins shrink 40%

Mon, 21 Oct 2019

Tourism Holdings said its US business is still failing to fire with average vehicle sales margin down 40 percent in the first quarter from a year earlier. “As part of the preparation for its 2019 annual meeting, thl has reviewed its FY20 financial forecast and concluded that if the most recent trend in the USA market continues throughout the remainder of FY20, it is likely to have a material impact on thl’s FY20 net profit compared to market expectations," it said. The rental RV operator’s annual meeting is slated to take place on Wednesday....

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