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飞扬集团(01901)2024年度业绩报告:全年营收持续增长34%显前景 战略调整释放后续发展动能
FEIYANG GROUPFEIYANG GROUP(HK:01901) 智通财经网·2025-04-07 01:10

Core Viewpoint - The company, Feiyang Group, reported a significant recovery in its core tourism business, achieving a 34% year-on-year revenue growth to 716 million RMB for the fiscal year 2024, outperforming the industry average [1][2]. Financial Performance - The core tourism segment experienced a remarkable revenue increase of 57.2%, turning a loss of 15.3 million RMB from the previous year into a profit of 9.35 million RMB [1][2]. - The group's total consolidated loss was approximately 91.6% attributed to prudent impairment provisions, but the actual operating loss, excluding these provisions, was only 4.6 million RMB, a 71.6% reduction compared to the previous year [2]. Strategic Initiatives - The company has implemented a strategy combining deep self-operation with video new retail and high-quality services to expand its national market presence, significantly boosting both revenue and profitability in its tourism business [2][3]. - Management indicated that the asset quality optimization process is nearing completion, with the 50.4 million RMB impairment provision clearing obstacles for future development [3]. Future Outlook - With over 70 million RMB in cash reserves and a strong self-sustaining capability from its core tourism business, the company is poised to capitalize on the recovery in the tourism sector, expecting to reach a milestone of comprehensive profitability post-pandemic [3]. - Analysts noted that the strategic adjustments have established a positive development pathway focused on core business, growth, asset optimization, and efficiency enhancement, positioning the company to accelerate towards a high-value industry segment [3].