China International Travel Service Corp LtdNet profit up 19.49% YoY, beating expectations.

China Tourism Group Duty Free released its 2026 interim report, with net profit attributable to the parent company of 3.106 billion yuan, an increase of 507 million yuan compared with the same period last year, up 19.49% year on year. The company's total operating revenue was 27.655 billion yuan, and net cash inflow from operating activities was 2.48 billion yuan. The latest gross margin was 33.90%, up 0.27 percentage points from the previous quarter, marking three consecutive quarters of increase. The latest return on equity was 5.41%, up 0.70 percentage points from the same period last year. Diluted earnings per share were 1.50 yuan, up 19.23% year on year. The company's latest asset-liability ratio was 25.66%, total asset turnover was 0.35 times, and inventory turnover was 1.13 times, achieving four consecutive years of increase.
China International Travel Service Corp LtdNet profit up 19.49% YoY, beating expectations.