China International Travel Service Corp Ltd

China Tourism Group Duty Free released its 2026 interim report, with net profit attributable to the parent company of 3.106 billion yuan, an increase of 507 million yuan compared with the same period last year, up 19.49% year on year. The company's total operating revenue was 27.655 billion yuan, and net cash inflow from operating activities was 2.48 billion yuan. The latest gross margin was 33.90%, up 0.27 percentage points from the previous quarter, marking three consecutive quarters of increase. The latest return on equity was 5.41%, up 0.70 percentage points from the same period last year. Diluted earnings per share were 1.50 yuan, up 19.23% year on year. The company's latest asset-liability ratio was 25.66%, total asset turnover was 0.35 times, and inventory turnover was 1.13 times, achieving four consecutive years of increase.

In mainland China markets on the 15th, the Shanghai Composite Index fell 0.29% from the previous day to 3,955.58 points, reversing earlier gains. The April–June GDP growth rate released during trading hours came in at 4.3%, below the market forecast of 4.5% and decelerating from the previous quarter's 5.0%, which weighed on sentiment. Tech stocks were notably weak, with the STAR 50 Index dropping 4.3% and underperforming major indices. Jiangsu Changjiang Electronics Technology hit its daily limit down with a 10.0% decline, and ACM Research fell 9.2%. On the other hand, consumer-related shares were firm, with Shanxi Xinghuacun Fen Wine rising 7.0% and China Tourism Group Duty Free gaining 6.9%.

China Tourism Group Duty Free released its first-half 2026 performance flash report, with net profit attributable to the parent company of 3.11 billion yuan, up 19.49 percent year-on-year. The company achieved total operating revenue of 27.59 billion yuan, down 1.99 percent year-on-year. In the first half of the year, the company seized the opportunities from the island-wide customs closure of the Hainan Free Trade Port and the implementation of new offshore duty-free policies, achieving dual improvements in operating performance and market share. At the same time, it continued to promote operational improvements at key airport duty-free stores, and after completing the acquisition of DFS's Greater China retail business, the project achieved good integration results and economic benefits. In the first quarter, the company recorded revenue of 16.906 billion yuan and net profit attributable to the parent company of 2.348 billion yuan.