Skip to content
Upgrade to Intel
Subscribe and gain unlimited access to exclusive features and content

China Duty Free Group posts flat profit growth

China Duty Free Group released its performance report on Wednesday. The group’s operating income for the first quarter of 2024 was $2.99 billion (18.81 billion RMB), a year-on-year decrease of 9.45 percent; net profit reached $0.37 billion (2.31 billion RMB), a year-on-year increase of 0.33 percent. China Duty Free Group operates six offshore duty-free shops in Hainan Province, including the world’s largest and second-largest duty-free commercial complexes – Haikou International Duty-Free City and Sanya International Duty-Free City.

Get more news based on your interests