China Cyts Tours Holding Co.,Ltd. Posted 310.5 Million Yuan Net Profit in First Three Quarters 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 310.5 million yuan in the first three quarters of 2023, reversing a net loss of 276 million yuan for the same period in the previous year.

Meanwhile, the company posted 6.7 billion yuan in revenue, up 39.9% year-on-year.

At the end of the reporting period, it had 18 billion yuan in total assets and 9.6 billion yuan in total liabilities, with a liability-to-asset ratio of 53.4%.