Tourism Holdings leaves pandemic toll behind

(Image: Tourism Holdings)

Tue, 29 Aug 2023

Tourism Holdings appears to be back on the road to recovery as tourism settles into a new post-pandemic normal and its merger with Apollo Tourism and Leisure bolstered the company’s profit.The travel and tourism operator reported a statutory net profit (NPAT) of $49.9 million in the 12 months ended June, a change from several years of losses from the lingering impacts of the pandemic.Total revenue bounced up to $663.8m, a 92% or $318m increase from the 2022 financial year, with tourists having a more enthused appetite for travel and...

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