China Travel International Reports 8% Revenue Decline, Swings to HK$87 Million Loss in H1 2025

Reuters
Aug 28
China Travel International Reports 8% Revenue Decline, Swings to HK$87 Million Loss in H1 2025

China Travel International Investment Hong Kong Ltd. has announced its interim results for the six months ended 30 June 2025. The company reported a consolidated revenue of HK$1.974 billion, representing an 8% decrease compared to HK$2.137 billion in the same period last year. The company's gross profit also fell to HK$533 million from HK$611 million in the previous year. The Group reported a loss before taxation of HK$8 million, contrasting with a profit before taxation of HK$165 million for the corresponding period of the previous year. The loss attributable to shareholders was recorded at HK$87 million, compared with a profit in the previous period. China's GDP growth of 5.3% year-on-year in the first half of 2025 reflected resilience, supported by the government's "Year of Promoting Consumption" policy. However, the Group experienced a pullback in local outbound tourism. No specific earnings per share figures were provided in the announcement. The Group remains focused on its corporate mission to improve efficiency, reduce costs, and enhance operating performance. The announcement did not include specific future financial guidance or outlook.

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