Tourism Holdings has reported a 33% decrease in underlying net profit after tax for the first half of the 2025 financial year.
The company's underlying net profit after tax was $26.5 million, while its statutory net profit after tax was $25.3m, down 36%.
The decline in profit was attributed to ongoing challenges in the recreational vehicle (RV) sales industry.
However, the company's core rental business experienced growth, with rental revenue increasing by 8% and the rental fleet expanding by 11%.
The company also announced an interim dividend of 2.5 cents per share.
Tourism Holdings said it is focused on increasing underlying net profit in the 2025 financial year, but acknowledged the risks and uncertainty in the coming period.
It intends to provide earnings guidance for the 2025 financial year in the fourth quarter when there is more clarity.
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