CYTS(SH:600138) Ge Long Hui·2026-01-26 08:33Core Viewpoint - The company, China Youth Travel Service (600138.SH), expects a revenue of 11.339 billion yuan for the year 2025, reflecting a year-on-year growth of 13.88%, primarily driven by the steady recovery of the inbound and outbound tourism market and an increase in tourism product service revenue [1] Financial Performance - The company anticipates a net profit attributable to shareholders of 83.8872 million yuan for 2025, representing a significant decline of 47.72% year-on-year [1] - The decline in net profit is attributed to changes in revenue structure, which led to a decrease in profit levels despite good revenue growth in tourism product services and strategic investment businesses, which have relatively lower gross margins [1] Market Conditions - The operating data for the scenic area business has seen a year-on-year decline due to intensified competition in niche markets and adverse weather conditions [1] - Investment income has further decreased, contributing to the overall decline in profitability [1]