China Cyts Tours Holding Co.,Ltd. Posted 317.2 Million Yuan Net Loss in First Half of 2022

China Cyts Tours Holding Co.,Ltd. (中青旅控股股份有限公司) (600138.SH) reported a net loss of 317.2 million yuan in the first half of 2022, reversing a net profit of 66.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.9 billion yuan in revenue, down 18.7% year-on-year.

At the end of the reporting period, it had 17.5 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.