China Tourism Group Duty Free Corporation (01880) rebounded more than 4% and at the time of publication, rose 4.12% to HKD 55.6 per share with a turnover of HKD 67.9155 million.
According to the news from the CITIC Securities News app, China Tourism Group Duty Free Corporation (01880) rebounded by more than 4% and at the time of publication, rose 4.12% to HKD 55.6 per share with a turnover of HKD 67.9155 million.
On the news front, China Tourism Group Duty Free Corporation recently released its semi-annual performance report, which showed that the company's total operating revenue for the first half of this year was about CNY 31.265 billion, a year-on-year decrease of 12.81%; net income was about CNY 3.288 billion, a year-on-year decrease of 14.94%. During the period, the gross margin of the company's main business was 32.94%, a year-on-year increase of 2.62 percentage points, of which the gross margin of the main business in the second quarter was 33.29%, a year-on-year increase of 0.82 percentage points, and a quarter-on-quarter increase of 0.59 percentage points.
During the reporting period, benefiting from the continuous recovery of international flights and passenger flow, the revenue of China Tourism Group Duty Free Corporation's domestic and international duty-free stores increased by over 100% year-on-year, and the profitability continued to improve. Among them, the revenue of duty-free stores at Beijing Airport (including Capital International Airport and Daxing International Airport) increased by more than 200% year-on-year, and the revenue of duty-free stores at Shanghai Airport (including Pudong International Airport and Hongqiao International Airport) almost doubled, with a significant increase in net income for both airports.