601888 China Tourism Group Duty Free Corporation
- 69.83
- -0.34-0.48%
China Tourism Group Duty Free Corporation News
Citi: The launch of tax-free policies in the city is the next potential catalyst for China Tourism Group Duty Free Corporation (01880), with the target price lowered to HKD 87.
Citigroup lowers the profit forecast of China Tourism Group Duty Free Corporation (01880) for the fiscal years of 2024 to 2026 to 13.5%/15.4%/15.4% respectively.
China Tourism Group Duty Free Corporation (01880.HK) experienced shareholding reduction of 0.606 million shares by JPMorgan.
According to the latest equity disclosure data from the Hong Kong Stock Exchange, on July 12, 2024, China Tourism Group Duty Free Corporation (01880.HK) was reduced by JPMorgan Chase & Co. at an average price of 55.8921 Hong Kong dollars per share, reducing its holdings by 0.606 million shares, involving approximately 33.8694 million Hong Kong dollars. After the shareholding, JPMorgan Chase & Co.'s latest holding of good warehouse number is 12.5951 million shares, and the proportion of good warehouses held has decreased from 11.34% to 10.82%.
Express News | JPMorgan Chase's Long Position in H-Shares of China Tourism Group Duty Free Decreases to 10.82% on July 12 From 11.34% - HKEX
HK stocks unusual movement: China Tourism Group Duty Free Corporation (01880) fell more than 3% in the afternoon, the second-quarter performance of Hainan duty-free was worse than expected, mid-term net profit fell by about 36% YoY.
China Tourism Group Duty Free Corporation (01880) fell more than 3% in the afternoon. As of press time, it fell 2.37% to HKD 55.65, with a turnover of HKD 0.125 billion.
China Tourism Group Duty Free Corporation (01880.HK) received a shareholding of 0.8323 million shares from JPMorgan.
According to the latest equity disclosure information from the Stock Exchange, on July 11, 2024, China Tourism Group Duty Free Corporation (01880.HK) received JPMorgan Chase & Co.'s shareholding of 0.8323 million shares at an average price of HKD 54.3947 per share, with a total investment of approximately HKD 45.275 million. After the shareholding increase, JPMorgan Chase & Co. now holds 13.2011 million shares, and the shareholding ratio has increased from 10.62% to 11.34%.
Need To Know: The Consensus Just Cut Its China Tourism Group Duty Free Corporation Limited (SHSE:601888) Estimates For 2024
One thing we could say about the analysts on China Tourism Group Duty Free Corporation Limited (SHSE:601888) - they aren't optimistic, having just made a major negative revision to their near-term (
Express News | JPMorgan Chase & Co's Long Position in H Shares of China Tourism Group Duty Free Increases to 11.34% on July 11 From 10.62% - HKEX
HK stocks surge | China Tourism Group Duty Free Corporation (01880) rose over 4% again, airport duty-free business significantly improved, the company may benefit from potential consumption tax reform expectations.
China Tourism Group Duty Free Corporation (01880) continued to rise by over 4%. As of press time, it rose by 4.31% and was reported at HKD 56.9, with a turnover of 0.118 billion HKD.
China Tourism Group Duty Free Corporation Limited Just Missed EPS By 30%: Here's What Analysts Think Will Happen Next
As you might know, China Tourism Group Duty Free Corporation Limited (SHSE:601888) last week released its latest quarterly, and things did not turn out so great for shareholders. It looks like
Guosen Securities: Top scenic spots are expected to benefit from the structured dividends of China's population and urbanization.
Short-term head scenic area passenger flow shows resilience, and related summer resort products are expected to benefit directly from high temperatures in the summer. At the same time, in the next 2-3 years, head scenic areas will successively enter the new project production stage, with the potential to benefit from the structured demographic and urban dividends in the medium term.
Hong Kong stocks stand out | China Tourism Group Duty Free Corporation (01880) rebounds by more than 4%. Quarter-over-quarter gross margin improvement in Q2, significant improvement in airport duty-free business.
China Tourism Group Duty Free Corporation (01880) rebounded more than 4%. As of press time, it increased by 4.12% to HKD 55.6 with a turnover of HKD 67.9155 million.
China Tourism Group Duty Free Corporation (01880) fell nearly 3% after its performance report. Second-quarter sales and net profit were lower than expected, and first-half net profit decreased by 15% year-on-year.
China Tourism Group Duty Free Corporation (01880) fell nearly 3% after its performance report. As of the time of publication, it fell 2.27% to HKD 53.9 with a turnover of HKD 89.7152 million.
China Tourism Group Duty Free Shares May Be Hurt Short-Term by 1H Earnings -- Market Talk
0148 GMT - China Tourism Group Duty Free's shares could be affected by its 1H earnings in the short-term, Daiwa Capital Markets analysts say in a note. The company's revenue fell 13% on year to CNY31.
China Duty Free Group Co., Ltd.'s mid-year performance report announcement for 2024.
China Tourism Group Duty Free Corporation (01880) achieved a non-net profit of approximately CNY 3.246 billion in the first half of the year, a year-on-year decrease of 15.79%. The gross margin of the main business has continued to improve.
China Tourism Group Duty Free Corporation (01880.HK) released its 2024 semi-annual report, with total operating income of approximately RMB 31.265 billion, a YoY decrease of 12.81%; net income attributable to shareholders of the listed company was approximately RMB 3.288 billion, a YoY decrease of 14.94%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was approximately RMB 3.246 billion, a YoY decrease of 15.79%; basic EPS was RMB 1.5893. The gross margin of the main business was 32.94%, a YoY increase of 2.62 percentage points, and the gross margin of the main business in the second quarter was 33.29%.
China Tourism Group Duty Free: Faced Complex, Severe External Market Environment in 1H >601888.SH
China Tourism Group Duty Free: Faced Complex, Severe External Market Environment in 1H >601888.
China Tourism Group Duty Free 1H Oper Pft CNY4.53B Vs. Pft CNY4.95B >601888.SH
China Tourism Group Duty Free 1H Oper Pft CNY4.53B Vs. Pft CNY4.95B >601888.
China Tourism Group Duty Free Shows Mixed Results
China Tourism Group Duty Free Corporation Limited reports a decrease in total operating income, operating profit, and net profit for the first half of 2024, indicating a drop compared to the previous year’s figures. Despite a challenging external market environment, the company has seen a resurgence in its traditional duty-free business with increased revenue and profitability, particularly from Beijing and Shanghai airport stores. Additionally, they’ve strengthened their market share in Hainan and expanded both overseas and domestic operations, including winning bids for duty-free store rights at various international airports.
China Tourism Group Duty Free Corporation (01880.HK) performance report: net income of 3.288 billion yuan in the first half of the year, a year-on-year decrease of 14.94%.
China Tourism Group Duty Free Corporation (01880.HK) released its 2024 interim performance report on July 12. During the reporting period, the company achieved revenue of RMB31.265 billion, a year-on-year decrease of 12.81%; net income attributable to shareholders of the listed company was RMB3.288 billion, a year-on-year decrease of 14.94%. During this reporting period, the company's gross margin for its main business was 32.94%, an increase of 2.62 percentage points year-on-year. The gross margin for the main business in the second quarter was 33.29%, an increase of 0.82 percentage points year-on-year and 0.59 percentage points quarter-on-quarter.
Express News | China Tourism Group Duty Free Corp - Hy Prelim Net Profit Attributable RMB3.29 Bln, Down 14.94%
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