CTG DUTY-FREE (01880) announced its 2025 annual results, with revenue reaching RMB 536.94 billion, a decrease of 4.92% compared to the previous year. Net profit attributable to equity shareholders was RMB 36.44 billion, down 15.73% year-on-year. Earnings per share stood at RMB 1.7613. The company proposed a final dividend of RMB 0.45 per share. According to the announcement, the decline in the group's revenue and sales of goods during the reporting period was primarily due to intensified competition in online sales channels and a decrease in sales of taxable goods.