Choosing to invest in Travellers Choice has proved lucrative for shareholders, receiving 95 percent of the company’s $728 000 operating profits for financial year 2009/2010.

The independent travel agency is acknowledging shareholders support redistributing six percent or 30 cents per share.

The company reported an increase in net profit of almost 600 percent from fiscal year 2008/2009 from $30 000 to $205 000.

Travellers Choice Managing Director Gary Allomes said the year’s success is due to “improved trading conditions and strong support for an expanding range of strategic suppliers”.

“By returning almost all of the 2009/2010 profit back to shareholders we are ensuring our members are well positioned to take advantage of market showing tentative signs of recovery.”

Despite significant increase in revenues Mr Allomes said the company’s results will continue to grow into the new year.