China Tourism Group Duty Free Corporation's revenue and net profit both decreased in 2024. Industry insiders expect that "this year's offshore duty-free sales will drop by another 20%" | Interpretations

China Tourism Group Duty Free Corporation announced that in 2024, it will achieve revenue of 56.474 billion yuan, a year-on-year decrease of 16.38%; the net income attributable to shareholders of the listed company will be 4.267 billion yuan, a year-on-year decrease of 36.44%; analysts expect that this year's sales of duty-free goods in Hainan will further decrease by about 25% compared to 2024.

cls.cnMar 28 11:29 ET

Zhejiang China Commodities City Group's revenue exceeds 15 billion in 2024, with registered purchasing merchants surpassing 4.8 million｜Interpretations.

① Zhejiang China Commodities City Group's revenue last year was 15.737 billion yuan, with a year-on-year growth of 39.27%. Although the growth rate has slowed compared to the previous year, the total value is the highest ever. ② The increase in profits is mainly due to the growth of new businesses this period, such as market Operations, Chinagoods, and Yi payment. ③ The number of registered buyers on the Chinagoods platform has exceeded 4.8 million, and the Net income of its operating entities has increased by 102.05% year-on-year.

cls.cnMar 26 08:53 ET

It is estimated that in 2024, after deducting non-recurring items, the loss will be reduced by more than 30%. Special Treat Bubugao plans to complete the supermarket store adjustments before August this year | Interpretations

① Special Treat Bubugao expects to achieve a net income of 0.86 billion to 1.26 billion yuan in 2024, turning losses into profits year-on-year; after deducting non-recurring items, the net income is expected to be -0.76 billion to -1.12 billion yuan, which is a reduction in loss of 31.35% to 53.42% year-on-year. ② Special Treat Bubugao plans to complete the adjustment of supermarket stores by August this year and aims to launch its own brand commodity in Q1.

cls.cnJan 22 10:58 ET

Hainan's offshore duty-free sales are under pressure, with "duty-free king" experiencing a 77% drop in net income in the fourth quarter.

The city is further increasing duty-free options.

wallstreetcnJan 17 04:09 ET

Significant increase in net profit! Baida Group Co.,Ltd sold another 0.17 million shares of Bank Of Hangzhou, as strong bank stocks were frequently subject to Shareholding last year.

On the evening of January 2, Baida Group Co., Ltd. (hereinafter referred to as Baida Group) announced that in December last year, the company sold 170,000 shares of Bank of Hangzhou, with a transaction amount of approximately 2.42 million yuan. Throughout last year, the Shareholding reduction of Bank of Hangzhou stocks cumulatively impacted the Net income attributable to the shareholders of the listed company by 13.9799 million yuan, accounting for 103.01% of the most recent audited Net income attributable to the shareholders of the listed company.

cls.cnJan 2 09:23 ET

Taking profits by selling shares? In the past two months, a total of 12 A-share listed companies announced the sale of Stocks, with 60 billion retail leader Yonghui Superstores completely liquidating its holdings in Zhongbai Holdings Group.

According to incomplete Statistics, as of the time of publication, a total of 12 A-share listed companies have announced their plans or progress for selling Stocks or Assets in November (attached table). Yonghui Superstores announced a full liquidation of Zhongbai Holdings Group; Bingshan Refrigeration & Heat Transfer Technologies obtained an investment income of 33.24 million yuan from selling its shares in GTJA.

cls.cnDec 29, 2024 01:16 ET