188bet mobile Service Performance Report: Net profit in the first half of the year 32.7.9 billion yuan,71% year-on-year growth

Author of this article: 188bet mobile 2019-08-01
188bet mobile Service releases performance report,Revenue in the first half of 2019: 243.4.4 billion yuan,15 year-on-year increase.46%;Realized net profit 32.7.9 billion yuan,70 year-on-year increase.87%。

188bet mobile Service (stock code: 601888) releases performance report,Revenue in the first half of 2019: 243.4.4 billion yuan,15 year-on-year increase.46%;Realized net profit 32.7.9 billion yuan,70 year-on-year increase.87%;Basic earnings per share is 1.68 yuan,The same period last year was 0.98 yuan。

Stated by 188bet mobile Service,The main reason for the substantial increase in performance in the first half of the year was during the reporting period,The company transfers the equity of its wholly-owned subsidiary 188bet mobile Service Co., Ltd. and generates large non-recurring gains,And through integrated procurement channels,Consolidate and optimize existing island duty-free business and airport duty-free business,respectively brought an increase in operating profit of 18.9.7 billion yuan、Increment of net profit attributable to shareholders of listed companies 13.600 million yuan。

Data display,188bet mobile Service was listed in October 2009,It is mainly engaged in travel agency business and duty-free business,The travel agency business mainly includes inbound tourism、Outbound travel、Visa Service、E-commerce and other businesses;Duty-free business mainly includes tobacco and alcohol、Wholesale of duty-free products such as fragrances、Retail and other businesses。Also,The company is also engaged in commercial complex investment and development business。

CITS, a wholly-owned subsidiary of the company、188bet mobile Company and CITS Investment Company are respectively responsible for the company’s travel agency business、Tax-free business、Commercial complex investment and development business。

Previously,July 16,188bet mobile Service announced,Continuous optimization to adapt to Hainan’s outlying island duty-free shopping policy、New trend to promote upgrading of tourism consumption,CITS Investment Company, a wholly-owned subsidiary of the company, plans to invest in 128.600 million yuan,Used for the construction of Haikou International Duty Free City project,Build it into a tax-free center,Cover taxed retail、Cultural Entertainment、Business Office、A complex tourism retail complex with multiple elements such as catering and accommodation。

China Merchants Securities research report pointed out,188bet mobile Service’s semi-annual report results are in line with expectations,Mainly due to the continued high growth of duty-free in outlying islands and airports,At the same time, Hong Kong Airport turned a sharp profit。Pudong Airport Satellite Hall will be put into operation in the second half of the year,Guangzhou Airport Duty Free Operation Optimization,And the development of the duty-free market at second-tier airports will bring considerable growth。

Data display,188bet mobile Service’s total assets are 277.7.9 billion yuan,An increase of 3 compared with the beginning of this reporting period.47%。

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