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Heavy dental clinic trailers are still being towed between schools even after an investigation found their wheel studs are likely to snap off after just 3000km of use.
Tourism Holdings pays down debt with accounts pummelled by Covid 25 Feb, 2021 08:30 PM 4 minutes to read Aimee Shaw is a business reporter focusing on retail, small businessaimee.shaw@nzherald.co.nz@AceeyShaw Tourism Holdings has significantly reduced debt after a disastrous year for tourism-related companies but will likely seek further funding as it re-invests in a new vehicle fleet. The company posted a net loss after tax of $1.77 million for the six months ending December 31 and an underlying net loss of $3m, down from a profit of $13.1m for the same period last year. Total revenue fell 1 per cent to $205.8m, driven by growth in vehicle sales. But international rental revenue plunged 50 per cent to $64.8m.