China Tourism Group Duty Free H1 Profit Down 21%

MT Newswires Live
07-28

China Tourism Group Duty Free (SHA:601888, HKG:1880) posted first-half attributable net profit of 2.60 billion yuan, down 21% from 3.28 billion yuan the previous year, according to a Saturday filing with the Shanghai bourse.

Shares of China Tourism Group Duty Free were down 2% in Monday's trade.

Earnings per share declined to 1.2566 yuan from 1.5868 yuan.

The retailer's operating profit was down 10% year over year to 28.2 billion yuan from 31.3 billion yuan.

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