Tourism Holdings is continuing to cut its domestic operations as demand remains lacklustre.
In February 2012 , THL forecast a full year profit of between $5 - $6 million.
But the caravan and tourism operator made only $4.3 million in the year to June, compared with a loss of more than $27 million in the previous year when it wrote-down book values for goodwill.
Total revenue across its businesses in New Zealand, Australian and the United States rose 8% to $200 million.
Chief executive Grant Webster says that while the US economy appears to be picking up, demand on this side of the world remains sluggish.
The company will pay a dividend of two cents per share.
Mr Webster said the company will make forecasts about the next few months at its annual general meeting in November.