Global EditionASIA 中文双语Français
Business
Home / Business / Companies

China's tour operator giant CITS revenue up 66.21% in 2018

Xinhua | Updated: 2019-04-28 09:32
A pedestrian walks past a branch of China International Travel Service (CITS) in Shanghai, September 26, 2017. [Photo/IC]

BEIJING - China International Travel Service Corp (CITS), a leading tour operator, saw its business revenue soar 66.21 percent to 47.01 billion yuan ($6.98 billion) last year.

Net profit attributable to listed shareholders reached 3.1 billion yuan in 2018, up 22.29 percent from the previous year, the company said in a statement to the Shanghai Stock Exchange.

CITS's total assets amounted to 26.85 billion yuan last year, a notable year-on-year increase of 28.26 percent.

Earnings per share stood at about 1.59 yuan, up 22.28 percent from a year earlier.

The company's sound performance came amid the country's booming tourism sector, whose revenue rose by 10.5 percent year-on-year to 5.97 trillion yuan in 2018.

In the first quarter of this year, CITS registered a 98.8-percent year-on-year growth in net profit attributable to listed shareholders.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US