China Cyts Tours Holding Co.,Ltd. Posted 160 Million Yuan Net Profit in First Half of 2023

China Cyts Tours Holding Co.,Ltd. (中青旅控股股份有限公司) (600138.SH) reported a net profit of 160 million yuan in the first half of 2023, reversing a net loss of 317.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.2 billion yuan in revenue, up 46% year-on-year.

At the end of the reporting period, it had 17.9 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 54.1%.