Lates News

Pacfic News AI, the Pacific released a research report on August 29 giving China International Travel Service Corporation Limited (601888.SH) a rating of "increase holding". The main reasons for the rating include: 1) The narrowing of the decline in revenue from duty-free business on Hainan Island in the first half of the year; 2) Improvement in profitability of some duty-free channels from subsidiaries; 3) The company's overall gross profit margin is 32.77%, a year-on-year decrease of 0.76 percentage points; 4) Overall stability in operating expenses; 5) Continuous expansion of duty-free channels, promoting the "national trend" to go global; 6) Expanding the boundaries of "duty-free +" and building a new pattern of cultural and tourism consumption. (Daily Economic News)