China Tourism Group Duty Free Corp Ltd Class H

01880: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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China Tourism Group Duty Free Earnings: Headwinds in Hainan Dragged Results, Reduce Valuation by 3%

Jennifer Song

Mar 31, 2025

China Tourism Duty Free, or CTG Duty Free, reported a 16% year-over-year decline in 2024 revenue and a steeper 36% fall in net profit. The firm declared a final dividend of HKD 1.05 per share, maintaining a consistent 50% payout ratio from the previous year.

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China Tourism Group Duty Free Corp Ltd Class H

China Tourism Group Duty Free Earnings: Headwinds in Hainan Dragged Results, Reduce Valuation by 3%

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