Some days ago the Flight Centre has reported a full year net profit of 139.9 million dollars compared to a profit of 38.2 million dollars a year ago.

Now the travel agent group has reported that its shares rose up by nearly 4% and the firm decided to pay a dividend of 44 cents.

The Flight Centre has reported a profit of 198.5 million dollars in a pre-tax basis compared to the profit of 40.4 million dollars a year ago. It reported a normalized profit of 205.1 million dollars, which was up from 99.8 million dollars before the write downs in the year.

The Flight Centre has made its forecast for the pre-tax profit of 190 million to 200 million dollars earlier in the month of May and it was fully correct over its forecast. But the chief executive has told that the main thing is planning and execution of the plans for profits, the forecast just guides us to achieve the target.

The company has decided to pay its final dividend of 44 cents after not paying the dividend for the earlier period of the year in order to preserve cash for development.