Gooderson Leisure’s headline earnings for the year to February rose 19 percent to R7.54 million, the owner of high-end hotels reported yesterday, describing the market as tough.
The company said it had continued to allocate capital in terms of its growth strategy and had invested more than R20m in expansion projects and major hotel refurbishments.
Gooderson lifted revenue in the period under review by 7 percent to R128m.
ANA