Dongying Travel announces interim results, with a net profit attributable to owners of HKD 34.12 million, a year-on-year increase of 64.9%
Dongying Travel announced its mid-term performance for 2024, with revenue of approximately HKD 759 million, a year-on-year increase of 40.6%; gross profit of approximately HKD 180 million, a year-on-year increase of 31.7%; attributable net profit to owners of the company of HKD 34.12 million, a year-on-year increase of 64.9%; earnings per share of 6.79 HK cents. The company actively seized opportunities in the Japanese tourism market, achieving growth in its tourism and hotel businesses
According to the news from Zhitong Finance and Economics APP, Dongying Travel (06882) announced its mid-term performance in 2024, with revenue of approximately HKD 759 million, a year-on-year increase of 40.6%; gross profit of approximately HKD 180 million, a year-on-year increase of 31.7%; the company's attributable net profit was HKD 34.12 million, a year-on-year increase of 64.9%; earnings per share were 6.79 HK cents.
In 2024, with the resumption of international flights and continuous improvement of global tourism infrastructure, the tourism industry has been revitalized. Japan has always been a favorite tourist destination for Hong Kong residents, and as a company specializing in providing travel products to Japan, the group has seized the opportunities brought by the booming tourism market. At the same time, the group has also achieved significant growth in other tourist destinations. Furthermore, the continuous weakness of the Japanese yen has stimulated the growth of the travel industry to Japan, including visitors from Hong Kong. Therefore, the group's tourism-related business and hotel business achieved growth in the first half of 2024
