THL halts trading on 'materially lower' earnings expectations

THL is in a trading halt. (Image: Supplied)

Thu, 02 May 2024

Tourism Holdings Limited has put a trading halt on its shares in both the New Zealand and Australian exchanges, citing “materially lower” earnings than existing guidance.The company stated the trading halt would allow it to finalise its updated expectations for its 2024 financial year earnings. This was “likely to be materially lower than existing guidance”, it stated.The trading halt on the NZX and the Australian securities exchanges would stay in place until either the announcement was made, or at the start of normal t...

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