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Tourism Holdings pays down debt with accounts pummelled by Covid

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. ....

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PTI lawmakers submit resolution in PA to seek IGP's removal

Karachi
February 25, 2021
Lawmakers belonging to the Pakistan Tehreek-e-Insaf submitted a resolution in the Sindh Assembly on Wednesday to seek the dismissal of the provincial police chief for âpolitically retaliatingâ against leaders and workers of the party in the province.
PTI MPAs Khurram Sher Zaman, Bilal Ghaffar, Jamal Siddiqui, Shehzad Qureshi, Rabistan Khan, Dr Sanjay, Dr Seema Zia, Adiba Arif Hassan and Dua Bhutto submitted the resolution to the secretary of the provincial legislature.
Later, talking to the media, PTI Karachi president and MPA Khurram Sher Zaman said the Pakistan Peoples Party wanted to make Sindh a police state. âThe situation in the Sindh province is getting worse and worse. The PPP is using the Sindh police for its personal purposes, the evidence of which is in front of everyone,â he said. Zaman said that everyone saw through the media what role the police played in the recent PS-88 by-election. ....

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Conway's Colbath, Porter file for re-election

CONWAY — Incumbent selectmen John Colbath and Steve Porter both say they will seek a third three-year term on the board of selectmen and in separate interviews touted their achievements ....

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Santhera Pharmaceuticals Holding AG: Santhera Calls Extraordinary General Meeting to Seek Approval for Proposed Strengthening of Capital Structure

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. Pratteln, Switzerland, February 24, 2021 - Santhera Pharmaceuticals ....

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International organizations seek to save Caribbean tourism

Havana, Feb 23 (Prensa Latina) Reports from international tourism organizations on nowadays point out the intention of boosting the travel industry in the Caribbean region, strongly affected by Covid-19. ....

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