LiJiang YuLong Tourism Co Ltd

Several tourism companies have disclosed their half-year results, showing overall profit growth but widening divergence. Lijiang Yulong Tourism reported first-half revenue of 419 million yuan and net profit attributable to shareholders of 133 million yuan, up 40.5 percent year on year. Yuyuan Tourist Mart reported first-half revenue of 17 billion yuan and net profit attributable to shareholders of 160 million yuan, up 157 percent year on year. Anhui Jiuhuashan Tourism Development posted net profit of 152 million yuan, up 7.27 percent year on year, mainly driven by cost control. Zhangjiajie Tourism Group turned losses into profits, with net profit attributable to shareholders of about 308 million yuan, up 1,026.8 percent year on year, but this relied mainly on non-recurring gains. Yunnan Tourism, China CYTS Tours Holding, and Sanxiang Impression reported expected losses or profit declines. Among them, China CYTS Tours Holding expects net profit attributable to shareholders of 22.5 million yuan, down 66.34 percent year on year. Yuyuan Tourist Mart Chairman Huang Zhen said the company's core business adjustment and transformation are showing results, while cultural expansion overseas is creating a new growth curve. In the second half of the year, the company will seize three major opportunity windows: trend-driven, structural, and innovative, while continuing to pursue global expansion.

Lijiang Shares released its 2026 interim report, with net profit attributable to the parent company reaching 133 million yuan, up 40.46% from the same period last year. Total operating revenue was 419 million yuan, up 10.95% year-on-year, and net cash inflow from operating activities was 138 million yuan, up 16.28% year-on-year. The latest gross margin was 59.77%, an increase of 5.97 percentage points year-on-year, and ROE was 5.31%, up 1.44 percentage points year-on-year. The asset-liability ratio fell to 6.76%, a decrease of 4.19 percentage points year-on-year.