China Tourism Group Duty Free Logs Lower H1 Profit, Revenue

MT Newswires Live09-02

China Tourism Group Duty Free (HKG:1880, SHA:601888) posted a profit attributable to the equity shareholders of 3.44 billion yuan for the period ended June 30, compared with 4.48 billion yuan in the previous year, according to a Friday filing with the Hong Kong bourse.

Earnings per share were 1.5978 yuan, compared with 1.8887 yuan in the year-ago period.

Revenue stood at 31.26 billion yuan, compared with 35.86 billion yuan in the prior year.

The company's stocks were down by over than 4% at close of trading.

Price (HKD): $43.70, Change: $-2.1, Percent Change: -4.48%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment