China Cyts Tours Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:23 pm EDT
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China Cyts Tours Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,398.194 million compared to CNY 1,201.225 million a year ago. Operating loss was CNY 85.200 million compared to CNY 289.003 million a year ago. Net loss was CNY 65.186 million compared to CNY 197.770 million a year ago. Basic loss per share from continuing operations was CNY 0.0901 compared to CNY 0.2732 a year ago.
China CYTS Tours Holding Co Ltd is a China-based company principally engaged in the provision of comprehensive tourism services. The Company's main businesses include travel agency business, integrated marketing business, hotel business and strategic investment business. The travel agency business mainly includes sightseeing tours, vacation tours, and high-end tours. The integrated marketing business mainly includes event management, public relations communication, digital marketing, exhibitions, sports marketing and other sectors. The scenic spot business mainly includes Wuzhen Tourism and Gubei Water Town. The hotel business mainly includes the operation of CYTS Shanshui Hotel. The strategic investment business mainly includes information technology (IT) hardware agency and system integration business, welfare lottery technical service business and CYTS building leasing business. The Company mainly operates its businesses in the domestic market and overseas markets.
CHINA CYTS TOURS HOLDING CO., LTD. 
