桂林旅游：2024年共接待游客568.34万人次，同比下降8.12%

Core Viewpoint - Guilin Tourism Co., Ltd. reported a significant decline in revenue and net loss for the year 2024, indicating challenges in the tourism sector due to increased competition and adverse weather conditions [1][2]. Financial Performance - The company's operating revenue for 2024 was approximately 432 million yuan, a year-on-year decrease of 7.58% [1][2]. - The net loss attributable to shareholders was about 204 million yuan, marking a year-on-year increase in loss of 1830.7% [1][2]. - The net loss after excluding non-recurring items was approximately 200 million yuan, reflecting a year-on-year increase in loss of 2625.31% [1][2]. Visitor Statistics - Guilin Tourism received a total of 5.6834 million visitors in 2024, a decline of 8.12% compared to the previous year [1][2]. - The company's scenic spots received 3.178 million visitors, down 11.52% year-on-year [1][2]. - The Li River cruise business saw an increase in visitors, with 756,100 passengers, a growth of 18.20% [1][2]. - The Li River Waterfall Hotel hosted 227,800 visitors, up 2.89% year-on-year [1][2]. - The tourism bus company served 234,600 visitors, a decrease of 14.72% [1][2]. Factors Affecting Performance - The decline in net profit was attributed to intensified regional market competition and the impact of severe flooding in Guilin [2]. - Investment income decreased by 25.16 million yuan compared to the previous year [2]. - The company and some subsidiaries recorded credit impairment losses and asset impairment losses totaling 151.67 million yuan as of December 31, 2024 [2]. Market Position - As of the report date, Guilin Tourism owned 41 star-rated cruise ships on the Li River, accounting for approximately 30.15% of the total in Guilin [2]. - The company also had 59 taxis, representing about 3.47% of the total in Guilin, and 127 medium and large tourist buses, making up about 3.74% of the total [2]. - Guilin Tourism aims to maintain its leading position and market share in the region, leveraging its advantages in group management, integrated marketing, resource consolidation, brand products, and professional talent [2].