Western Regions Tourism Development has issued its 2026 half-year performance forecast, estimating first-half net profit attributable to the parent at 3 million to 4 million yuan, a year-on-year decline of 64.38% to 73.29%. Net profit attributable to the parent after deducting non-recurring items is expected to be 2.9 million to 3.9 million yuan, down 65.18% to 74.11% year-on-year. The company said the decline was mainly due to changes in tourism consumption structure, new projects still being in the market cultivation phase, and increased depreciation costs from upgrading scenic area operating vehicles. Western Regions Tourism stated that in the second half of the year it will continue to optimize product offerings, explore new business formats, and build a second growth curve. As of the A-share market close on the day, Western Regions Tourism traded at 25.23 yuan, up 0.8%, but the stock price has been falling continuously since last September, dropping more than 50% from its peak of 58.36 yuan on September 19, 2025.
Western Regions Tourism DevelopmentCompany forecasts 64-73% drop in first-half net profit due to consumption structure changes, new project costs, and depreciation.