Tourism Holdings lifts annual profit 21%

Mon, 22 Aug 2016

By Sophie Boot Aug. 23 (BusinessDesk) - Tourism Holdings, the campervan rental company, lifted annual profit 21 percent as revenue increased and the company continues to target net profit of $30 million by 2018. Net profit rose to $24.4 million, or 21.4 cents per share, in the 12 months ended June 30, from $20.1 million, or 17.9 cents, a year earlier, the Auckland-based company said in a statement. In April, Tourism Holdings said it would "meet and likely to some extent exceed" its earlier guidance for the year of $24 million. Revenue ros...

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