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China CYTS Tours Holding (600138.SH): Currently the company does not have a duty-free license or business.
Gelonghui November 7th | China Cyts Tours Holding (600138.SH) stated on the investor interaction platform that the company's main business is investment operation and management of cultural tourism destinations and integrated cultural tourism services, represented by Wuzhen and Gubei Watertown scenic spots in addition to ticket sales, there are also various consumer scenes such as hotels, dining, shops, performances, car and boat services, activities, etc., with a diversified income structure. In the future, the company will continue to actively develop secondary consumer scenes and service content, creating high-quality cultural tourism destinations. Currently, the company has no duty-free license and business.
China CYTS Tours Holding (600138): High growth in travel agency business revenue, overall performance declined slightly.
Event: On October 30, the company released the third quarter report for 2024, achieving revenue of 7.048 billion yuan in the first three quarters of 2024, a year-on-year increase of 4.65%, while the net income attributable to the parent company was 0.153 billion yuan, a year-on-year decrease of 25.77%.
China Cyts Tours Holding Co., Ltd. Beat Analyst Profit Forecasts, And Analysts Have New Estimates
China CYTS Tours Holding (600138): Wuzhen was greatly affected by the weather in the third quarter, and the travel agency business is steadily developing.
Investment Highlights: The company released its third quarter report for 2024, with performance meeting expectations. In the first three quarters of 2024, the company achieved revenue of 7.048 billion yuan, a year-on-year increase of +4.65%, and achieved a net income attributable to the parent company of 0.153 billion yuan, a year-on-year decrease of
China CYTS Tours Holding (600138): Affordable travel to leisure attractions under pressure, focusing on the restoration of two towns.
Introduction to this report: Performance slightly below expectations, leisure resorts under the trend of affordable travel face pressure, the operation of the two towns still needs to be repaired. Investment highlights: Investment recommendation: Considering the pressure from surrounding tourism and the impact of new project ramp-up, the forecast for 2024-2026 is revised downward.
China CYTS Tours Holding (600138): Travel agency performs well, waiting patiently for the restoration of operation in two towns.
China CYTS Tours Holding released its third-quarter report: with a revenue of 2.697 billion yuan (+5.51% year-on-year), net income attributable to shareholders of 0.08 billion yuan (-19.29% year-on-year), and non-GAAP net income attributable to shareholders of 0.079 billion yuan (-15.56% year-on-year).
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