Core Viewpoint - China Duty Free Group (01880.HK) reported a revenue decline of 9.96% year-on-year for the six months ending June 30, 2025, primarily due to a slowdown in consumer demand and industry cycles [1] - The group's profit decreased by 20.10% year-on-year for the same period, attributed to the reduction in sales revenue [1] Financial Performance - Revenue for the six months ending June 30, 2025, was RMB 281.51 billion, down from RMB 312.65 billion for the same period in 2024 [1] - Profit for the same period was RMB 29.30 billion, down from RMB 36.67 billion in the previous year [1] Future Outlook - The company plans to align with new industry trends and integrate national strategies with its operations, focusing on strategic transformation [1] - In the second half of 2025, the company aims to enhance its duty-free sales in Hainan, capitalize on opportunities in city and port stores, and expand overseas operations [1] - The company is committed to strengthening its core capabilities and achieving its annual operational goals through continuous development in tourism retail and quality retail [1]
中国中免(01880.HK)中期利润减少20.10%至29.30亿元