NZ Experience boosted by Rainbows End visitor numbers

New Zealand Experience reported a 76.6% lift in half year net profit to $1 million, mainly due to growth in visitor numbers at its Rainbow's End Theme Park.

During the six months to the end of December, Rainbow's End had 168,000 visitors, an increase of 24,000 or 17% from a year earlier, NZ Experience said today.

Revenue rose 19.4% to $5.8 million for the half year, reflecting the value of greater visitor numbers and an increased level of spending.

NZ Experience said the first half result was above its targets, while business during the busy January trading period had been in line with expectations.

As a result it had lifted its expectation of full year after tax profit to a range between $1.5 million and $1.7 million, having previously been expecting a result between $1.3 million and $1.5 million.

NZPA

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Infratil releases Climate Related Disclosures
The Warehouse Group Appoints Chief Digital & Transformation
The Financial Collapse Has Already Begun - Will You Be Caught Off Guard?
NWF - IMPLEMENTATION OF SCHEME OF ARRANGEMENT
EROAD Publishes FY25 Group Climate Statement
Synlait provides performance update
Air New Zealand Chief Executive Officer Appointment
July 30th Morning Report
IKE 1Q FY26 Performance Update
July 29th Morning Report