Tourism Holdings lifts FY profit to record $30.2mn, ahead of guidance

Mon, 21 Aug 2017

By Sophie Boot Aug. 22 (BusinessDesk) - Tourism Holdings exceeded guidance, posting a record 2017 profit and said it aims to boost earnings to $50 million by 2020. Net profit rose 24 percent to $30.2 million in the year ended June 30, with revenue rising to $340.8 million from $278.9 million, the Auckland-based company said in a statement. That's ahead of the upgraded guidance the company gave in June, when it said profit would be about $29.5 million. The company said today that the second half had delivered better-than-expected result...

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