Credit Suisse: maintains a 'hold' rating on China Tourism Group Duty Free Corporation with a target price of HKD 88.

Furui released a research report stating that it maintains a "hold" rating for China Tourism Group Duty Free Corporation (01880) with a target price of HKD 88, and is waiting for further clarification on the outlook for the second half of the year after the official release of the mid-term performance at the end of August. The company announced its first-half performance last Friday (the 12th), with second-quarter revenue and net profit of RMB 12 billion and RMB 0.982 billion respectively, a year-on-year decrease of 17% and 37%, and 34% and 37% lower than the bank's forecast, respectively. According to the report cited by the management, airport duty-free shop business is showing signs of recovery, with overall sales in the first half of the year more than doubling, and revenue from duty-free shops at Beijing and Shanghai international airports rising year-on-year.

新浪港股Jul 16 04:51 ET

Shanghai International Airport (SHSE:600009) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Five Years, but the Stock Rises 6.2% This Past Week

We think intelligent long term investing is the way to go. But unfortunately, some companies simply don't succeed. Zooming in on an example, the Shanghai International Airport Co., Ltd. (SHSE:600009

Simply Wall StJul 15 18:15 ET

Passenger Throughput at Shanghai International Airport's Two Airports Grows in June

Shanghai International Airport (SHA:600009) recorded growth in the number of passengers handled by two of its airports for June.Pudong International Airport's passenger throughput climbed 31.6% to 6.3

MT NewswiresJul 15 02:25 ET

Shanghai International Airport to Distribute 2023 Dividend

Shanghai International Airport (SHA:600009) will distribute a cash dividend of 0.12 yuan per share for 2023, according to the company's filing on the Shanghai Stock Exchange.The dividend will be

MT NewswiresJul 15 02:13 ET

Express News | Shanghai International Airport June Passenger Throughput up 6.0% Y/Y in Hongqiao, Mail and CARGO Throughput up 5.1% Y/Y

ReutersJul 14 03:53 ET

Shanghai International Airport's H1 Profit to Surge Up to 557%

Shanghai International Airport (SHA:600009) expects to book a net profit attributable to shareholders of between 710 million yuan and 870 million yuan in the first half of the year, surging up to 556.

MT NewswiresJul 8 23:43 ET