[New post] China Galaxy: China Tourism Group Duty Free – ADD TP Rmb314 (Previous Rmb340)

alanyeo posted: " Near-term overhang due to Covid-19 volatility CDF announced that sales in 3Q21 declined by 12% yoy to Rmb13.97bn, mainly due to the tourism traffic drop in Hainan because of Covid-19 volatility in 3Q21. But net profit rose by 40% yoy to Rmb3.13bn.Excl" New post on Alpha Edge Investing China Galaxy: China Tourism Group Duty Free – ADD TP Rmb314 (Previous Rmb340) by alanyeo Near-term overhang due to Covid-19 volatility CDF announced that sales in 3Q21 declined by 12% yoy to Rmb13.97bn, mainly due to the tourism traffic drop in Hainan because of Covid-19 volatility in 3Q21. But net profit rose by 40% yoy to Rmb3.13bn. Excluding a tax benefit of Rmb740m (since its Hainan subsidiaries obtained the 15% […] Read more of this post alanyeo | November 3, 2021 at 3:58 pm | Tags: China Tourism Group Duty Free | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-5OE Comment    See all comments Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://alphaedgeinvesting.com/2021/11/03/china-galaxy-china-tourism-group-duty-free-add-tp-rmb314-previous-rmb340/