China Cyts Tours Holding Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 06:36 am EDT
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China Cyts Tours Holding Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,647.261 million compared to CNY 9,544.733 million a year ago. Operating loss was CNY 116.977 million compared to operating Income of CNY 1,044.563 million a year ago. Net loss was CNY 127.877 million compared to net income of CNY 544.814 million a year ago. Basic loss per share from continuing operations was CNY 0.1767 compared to basic earnings per share from continuing operations of CNY 0.7527 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. 
