China Tourism Group Duty Free's (HKG:1880, SHA:601888) attributable profit fell 25% to 3.92 billion yuan in the nine months ended Sept. 30 from 5.21 billion yuan in the year-ago period, according to a preliminary report filed Tuesday with the Hong Kong Exchange.
Earnings per share at the retailer decreased 25% to 1.8950 yuan from 2.5165 yuan in the previous year.
Operating income declined 15% to 43 billion yuan from 50.8 billion yuan a year earlier.
Shares closed 8% lower in Hong Kong and 3% lower in Shanghai during Tuesday's trading.
Price (HKD): $53.85, Change: $-4.6, Percent Change: -7.87%
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