China Tourism Group Duty Free: Net profit for first 3 quarters of 2020 down 24.93% YoY

NBD AI Bulletin -- China Tourism Group Duty Free Corporation Limited (the Company, SH 601888, closing price: 212 yuan) released its earnings report on October 12, 2020. For the first three quarters of 2020, operating revenue comes in at about 35.138 billion yuan, a decrease of 2.81% year on year; Net profit attributable to shareholders of the Company stands at around 3.164 billion yuan, a decrease of 24.93% year on year; Basic earnings per share is 1.6206 yuan, down 24.93% year on year.

According to the 2019 annual report, China Tourism Group Duty Free Corporation Limited mainly engages in commodity sales and tourism services, accounting for 97.92% and 1.25% of its revenue, respectively.

The chairman of China Tourism Group Duty Free Corporation Limited is Peng Hui, male, 58 years old, with a master's degree. The general manager of the Company is Chen Guoqiang, male, 56 years old, EMBA.

Tips on "Stock Trends":

1. The number of shares held by northbound investors decreased by 4.0783 million in the past 30 days, accounting for 0.2% of the Company's circulating shares. 

2. There was no institutional research on the Company in the past 30 days. 

(By Tan Yuhan)

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