)
China Tourism Group Duty Free Corporation (601888) investor relations material
China Tourism Group Duty Free Corporation Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q3 2025 was RMB 11.71 billion, down 0.38% year-over-year; year-to-date revenue was RMB 39.86 billion, down 7.34% year-over-year.
Net profit attributable to shareholders for Q3 was RMB 452 million, down 28.94% year-over-year; year-to-date net profit was RMB 3.05 billion, down 22.13% year-over-year.
The company continued to innovate in retail formats, expanded new stores in major cities, and enhanced its presence in Macau and Hainan.
Financial highlights
Operating cash flow for the first nine months was RMB 3.39 billion, down 33.62% year-over-year.
Basic and diluted EPS for Q3 was RMB 0.2186, down 28.93% year-over-year; year-to-date EPS was RMB 1.4752, down 22.13% year-over-year.
Gross margin for the first nine months was 32.5%, compared to 33.1% in the prior year period.
Outlook and guidance
The company plans its first-ever interim dividend, proposing RMB 2.50 per 10 shares, totaling RMB 517 million, representing 16.95% of year-to-date net profit.
Management remains focused on strategic innovation and expanding the "duty-free + tourism" model to stimulate consumer demand.
Next China Tourism Group Duty Free Corporation earnings date
Next China Tourism Group Duty Free Corporation earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)