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As soon as the news of Japan easing tourist visas for people from China was released, local retail travel stocks surged immediately.
① The Japanese Foreign Minister, Toshimitsu Motegi, announced the relaxation of visa requirements for Chinese tourists to Japan, expected to be implemented in spring 2025. ② After the announcement, retail and tourism-related stocks in Japan rose, with J. Front Retailing Co. soaring by 8.38%, while Isetan Mitsukoshi Holdings and Takashimaya increased by 6.98% and 3.69%, respectively.
TRAVEL EXPERT: INTERIM REPORT 2024/2025
Travel Expert (Asia) Sees Profit Rise in Fiscal H1
For the travel expert (01235.HK) mid-term, the owner's share of continuing operation profit was 3 million Hong Kong dollars.
Glory Exchange reported on November 27 that the travel expert (01235.HK) announced that as of September 30, 2024, the total amount of sales proceeds from continuing operation business was 310.6 million HKD, an increase of 43.1% compared to 217 million HKD in the same period last year. The profit attributable to the company's owners from continuing operation business during the period was 3 million HKD (2023: 1.9 million HKD). The earnings per share from continuing operation business attributable to the company's owners during the period was 0.6 HKD.
TRAVEL EXPERT: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
Travel Expert (Asia) Schedules Key Board Meeting