China Cyts Tours Holding Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 09:05 am EDT
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China Cyts Tours Holding Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,555.288 million compared to CNY 5,852.505 million a year ago. Operating loss was CNY 172.422 million compared to operating Income of CNY 745.587 million a year ago. Net loss was CNY 156.878 million compared to net income of CNY 382.184 million a year ago. Basic loss per share from continuing operations was CNY 0.2167 compared to basic earnings per share from continuing operations of CNY 0.528 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. 
