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Black Valley’s net profit decreased by 56% 188bet mobile half of the year.72%，Falling number of tourists

Author of this 188bet mobile: Kubei.com 2020-08-20

The company implements discount purchase policies for various travel agencies，resulting in decreased revenue。

August 19，Black Valley announced the 2020 semi-annual report，Operating income 188bet mobile half of 202015,694,169.29 yuan，Decreased by 22 compared with the same period last year.13%；Net profit attributable to shareholders of the listed company1,566,064.47 yuan，Decreased by 56 compared with the same period last year.72%；Basic earnings per share 0.04 yuan，Same period last year 0.08 yuan。

As of June 30, 2020，At the end of the reporting period, the company’s total assets were 53,675,067.81 yuan，An increase of 3 compared with the end of the previous year.58%；Net assets attributable to shareholders of listed companies are 52,330,451.29 yuan，An increase of 3 compared with the end of the previous year.18%。

As understood，The operating income during the reporting period increased with the emergence of more experiential 188bet mobile projects，Traditional tourist attractions have been affected to a certain extent，The number of tourists entering the Black Valley National Scenic Area, which the company relies on, has declined compared with 2018，Resulting in a decrease in the company’s main business income。At the same time, in order to increase the popularity of the scenic spot，The company has implemented a discount purchase policy for various travel agencies，Resulting in a decrease in revenue compared with the same period last year。

During the reporting period，Net cash flow from operating activities 4,391,926.10 yuan，Decreased by 44 compared with the previous period.54%，Mainly due to the decrease 188bet mobile company’s revenue in 2019，Resulting in selling items、Reduced cash received from rendering services。

Chubei.com data display，The current main business and source of income of Black Valley is to provide 188bet mobile services for tourists、Mainly provides tourist transportation for tourists in the Black Valley Scenic Area、Ropeway Sightseeing、Sightseeing bus and other services。

*Source of this 188bet mobile：digbei.com,Original title:《Black Valley’s net profit 188bet mobile half of 2020 is 156.610,000 reduced by 56.72% tourist arrivals down》.

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Black Valley Semi-annual report