*ST Xilv disclosed its earnings forecast, expecting a net loss attributable to the parent company of 40 million to 60 million yuan in the first half of 2026, compared with a loss of 55.9896 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 42 million to 66 million yuan, compared with a loss of 55.9324 million yuan in the same period last year. The company stated that intensified competition in the cultural tourism industry and travel demand falling short of expectations led to a decline in revenue from the hotel and travel agency segments. Coupled with rigid costs such as labor and property expenses, the profitability of these segments came under pressure. The company took measures such as optimizing pricing, launching specialty products, and closing underperforming outlets to offset the downward pressure on revenue, resulting in net profit for the current period remaining roughly flat compared with the same period last year.
XiAn Tourism Co LtdTravel demand falling short of expectations and intensified competition led to revenue decline in hotel and travel agency segments.