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China CYTS Tours’ H1 profit up 17.7%

Aug. 16, 2012 (China Knowledge) - China CYTS Tours Holding Co<600138>, a major travel service provider in the country, has said its net profit attributable to shareholders rise 17.66% YoY to RMB 106.24 million in the first half of this year.

Basic earnings per share stood at RMB 0.26 in the first six months period, compared with RMB 0.22 it realized in the same period of last year.

In a statement filed with Shanghai Stocked Exchange, the company says its operation revenue increased 25.43% from a year earlier to RMB 3.77 billion.

Revenue from tourism product business grew 24.98% YoY to RMB 1.77 billion, and that from exhibition service and scenic region management business reached RMB 765.66 million and RMB 312.01 million, up 33.69% and 32.4% YoY, respectively.

Meanwhile, the company realized RMB 88.03 million in property sales revenue in the first half of this year, skyrocketed 639.45% YoY.

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