Lingnan Holdings: Estimated loss in the first half 188bet login year is 89 million-1.0.5 billion

Great Scenic Area Author of this article: 188bet login 2021-07-15
Basic earnings per share loss 0.13 yuan/share–0.16 yuan/share。

July 14,Lingnan Holdings releases 2021 semi-annual performance forecast,Announcement,Expected performance losses to decrease。Net profit loss attributable to shareholders of listed companies during the reporting period was 89 million yuan-1.0.5 billion yuan,Loss has decreased compared with the same period last year;Basic earnings per share loss 0.13 yuan/share–0.16 yuan/share。

According to the announcement,The company expects the net profit attributable to shareholders 188bet login listed company to be a loss,But an increase of 23% compared with the same period last year.03%-34.The main reasons for 76% include:

1、Affected by the new coronavirus pneumonia epidemic,According to the notice of the Ministry of Culture and 188bet login and Guangdong Province、Unified deployment by relevant industry authorities in Guangzhou,From January 27, 2020,The company’s holding subsidiary Guangzhou Guangzhou Travel International Travel Service Co., Ltd. (hereinafter referred to as "Guangzhi") has suspended the operation of group tours and "air tickets + hotel" travel products。

Afterwards,According to the "Notice on the Pilot Resumption of 188bet login Activities of Travel Agencies and Online Tourism Enterprises in Some Prefecture-level Cities in Our Province" issued by the Guangdong Provincial Department of Culture and Tourism on March 27, 2020, and the "On Further Opening up Culture" issued on May 16 and Notice on Tourism Market 188bet login Activities》,Guangzhizhi restarts group tourism 188bet login activities in Guangdong Province。According to the "Notice on Matters Related to Promoting the Expansion and Resumption of Work and Operations of Tourism Enterprises" issued by the General Office of the Ministry of Culture and Tourism on July 14, 2020 and the "On Promoting the Organization of Travel Agencies" issued by the Guangdong Provincial Department of Culture and Tourism on July 19 Notice on inter-provincial travel and other related matters》,Guangzhidao will restart inter-provincial (district) travel on July 19, 2020、City) group travel and "air tickets + hotel" 188bet login。

Currently,except for a few、Outside high-risk areas,Guangzhou Travel’s domestic tour group 188bet login and “air tickets + hotel” tourism product 188bet login have fully resumed operations,However, the inbound and outbound tour group 188bet login (except Macau tour group 188bet login) has not yet resumed operations。

2、Due to changes in the domestic COVID-19 epidemic situation before the Spring Festival in 2021,And the positive impact of the local epidemic in Guangzhou in late May 2021,The company’s 188bet login travel 188bet login (travel agency 188bet login) and accommodation 188bet login (hotel 188bet login) have been affected to a certain extent,Repeat the good recovery momentum of the main 188bet login since the second half of 2020,To this,The company has taken active countermeasures。188bet login travel 188bet login,Seize the stable period of the epidemic,Quickly start outbound travel 188bet login,Guangzhou Travel’s revenue from March to May 2021 increased by more than 500% compared with the same period last year。The accommodation 188bet login continues to recover,Wholly-owned subsidiary Guangzhou Lingnan International Hotel Management Co., Ltd. achieved revenue growth of approximately 60% in the first half of 2021 compared with the same period last year,An increase of about 30% compared with the same period in 2019;Wholly owned subsidiary Guangzhou Garden Hotel Co., Ltd.、Wholly-owned subsidiaries China Hotel and Guangzhou Lingnan Group Holdings Co., Ltd. Dongfang Hotel Branch achieved revenue growth of more than 60% in the first half of 2021 compared with the same period last year,During the stable period of the epidemic from March to May 2021, revenue increased by more than 200% over the same period last year and returned to about 70% of the same period in 2019。

3、First half of 2021,The estimated impact 188bet login company’s non-recurring gains and losses on net profit is approximately 863.110,000 yuan,Mainly refers to the cumulative amount of various government subsidies received by the company and its subsidiaries from January to June 2021, totaling 813.120,000 yuan。

Based on the above factors,The company’s net profit attributable to shareholders of listed companies in the first half of 2021 is still a loss,But the loss was significantly reduced compared with the same period last year。During the epidemic, the company increased R&D, innovation and marketing efforts,Launched hotel pre-sale、Super pre-sale and other products,Warming up the tourism market,Actively plan to promote 188bet login recovery。With the current round of COVID-19 epidemic in Guangzhou under effective control,Epidemic prevention and control enters the normalization stage,Superimpose the 2021 summer vacation at the same time、Mid-Autumn Festival、Factors for gatherings during holidays such as National Day,It is expected that the company’s 188bet login travel 188bet login and accommodation 188bet login will continue to recover and improve。

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