OAKS Hotels & Resorts has revised its profit result for the FY08, the final report recorded a lower net profit.
Oaks said its 2008 final net profit after tax was $14.65 million compared to its August 21 report of $15.59 million.
Revenue was also lower, at $116.65 million compared to $118.34 million.
As a result of the announcement, Oak shares closed 3 cents lower at 82 cents.
Australian Property Journal
