Key Takeaway: THL’s profit growth, resulting from its merger with Apollo and strategic initiatives, demonstrated adaptability in navigating market volatilities.
Listed tourism and recreational vehicle company Tourism Holdings Limited (THL) reported a 58% increase in net profit after tax for the half year ending December 2023, reaching $39.7 million. The surge was a direct result of its merger with Apollo Tourism and Leisure, which drove rental revenue
Sign up to get the latest stories and insights delivered to your inbox – free, every day.
Key points
Revenue: Up 72% to $449.2m
Profit: Up 58% to $39.7m
Key Takeaway: THL’s profit growth, resulting from its merger with Apollo and strategic initiatives, demonstrated adaptability in navigating market volatilities.
