Zhuhai Duty Free Group Returns to Profit in First Half, Accelerates National Duty-Free Expansion with Eight New Store Wins

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Zhuhai Duty Free Group has released its 2026 half-year performance forecast, projecting a turnaround to net profit attributable to parent company shareholders for the first half. The company is accelerating the national rollout of its duty-free business, with Zhuhai Duty Free newly winning operating rights for eight duty-free shops this year. These include seven arrival duty-free shops at Jieyang Chaoshan International Airport, Guilin Liangjiang International Airport, Nanning Wuxu International Airport, Hengqin Port, Manzhouli Highway Port, Ganqimaodu Port, and Guangzhou Nansha Port Passenger Terminal, as well as one departure duty-free shop at Guilin Liangjiang International Airport. The new stores are currently in the preparation stage and have yet to contribute to performance, but they mark an extension of the business footprint from core ports in Zhuhai and Macao to more open corridors. In the first half, Hengqin Port handled over 17.77 million inbound and outbound passengers, a year-on-year increase of 27.8 percent, while Manzhouli and Ganqimaodu ports tap into cross-border passenger flows along the China-Russia and China-Mongolia borders, enriching the company's land port operating scenarios. After completing its business restructuring and fully refocusing on its core duty-free operations, Zhuhai Duty Free Group's improved operational efficiency and earnings quality are gradually being reflected in its performance, providing a stronger foundation for new project rollouts.

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Zhuhai Duty Free GroupPrivate▲ Positive
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Return to profit and expansion with eight new duty-free store wins, indicating growing passenger demand and business recovery.