Australia's largest travel agency Flight Centre has published data on a
record annual profits and announced that expects to increase earnings
next year.
So, the company's net profit (after tax in the fiscal year to end June
30) was AUD 139, 9 million ($124 million). This Flight Centre expects to
increase profit before tax in the next fiscal year to AUD 220 million - AUD 240 million in the same time, analysts forecast profit before tax in
2011 of AUD 226 million, analysts believed that the company's profit
will be 10% less than claimed. Flight Centre operates in New Zealand,
Australia and the ten Asian countries. Company's earnings may exceed
AUD150 million in 2011 - the travel's market analysts predict.