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China Travel International Reports Revenue Growth Amidst Strategic Expansion

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China Travel International Reports Revenue Growth Amidst Strategic Expansion

China Travel International Investment Hong Kong ( (HK:0308) ) has shared an announcement.

In 2024, China Travel International Investment Hong Kong Limited reported a 3% increase in consolidated revenue to HK$4,627 million, despite a 56% decrease in profit attributable to shareholders. The company maintained a healthy financial position with stable cash flow and a debt-to-capital ratio of 32%. Amidst a challenging external environment, the company leveraged national policies to enhance its operations, focusing on innovation and customer demand-oriented strategies. The launch of the China-Vietnam Detian cross-border Tourism Cooperation Zone marked a significant milestone, positioning the company as a leader in cross-border tourism. The company is also enhancing its safety management system following an incident at the Detian Scenic Spot.

More about China Travel International Investment Hong Kong

China Travel International Investment Hong Kong Limited operates as a prominent player in the tourism industry, focusing on investment and operation services for tourist destinations. The company is committed to integrity management and quality service, investing in scenic destinations and maintaining a leading position in the industry.

YTD Price Performance: 0.77%

Average Trading Volume: 3,333

Technical Sentiment Signal: Buy

Current Market Cap: $783.4M

For an in-depth examination of 0308 stock, go to TipRanks’ Stock Analysis page.

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