China Tourism Group Duty Free Corporation Limited’s Net Profit Dropped 33.1% in 2024

China Tourism Group Duty Free Corporation Limited (中国旅游集团中免股份有限公司) (601888.SH) reported a net profit of 4.9 billion yuan in 2024, down 33.1% year-on-year.

Meanwhile, the company posted 56.5 billion yuan in revenue, down 16.4% year-on-year.

At the end of the reporting period, it had 76.3 billion yuan in total assets and 15.3 billion yuan in total liabilities, with a liability-to-asset ratio of 20.1%.