Tourism Holdings Limited ( (AU:THL) ) has issued an announcement.
Tourism Holdings Limited reported a 23% increase in revenue from continuing operations for the six months ending December 2024, reaching $458.4 million. However, the net profit from continuing operations decreased by 36% to $25.3 million. Despite the profit decline, the company announced an interim dividend of $0.025 per share, reflecting its commitment to returning value to shareholders. The net tangible assets per share also saw a slight increase, indicating a stable asset base. This financial performance highlights the company’s robust revenue growth amidst challenges, positioning it to potentially enhance its market standing and stakeholder value.
More about Tourism Holdings Limited
Tourism Holdings Limited operates in the tourism industry, focusing on providing rental and sales services for recreational vehicles (RVs) and motorhomes. The company is a significant player in the New Zealand market, catering to both domestic and international tourists.
YTD Price Performance: -10.90%
Average Trading Volume: 15,795
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$369.6M
For a thorough assessment of THL stock, go to TipRanks’ Stock Analysis page.