China International Tax Service (01880) will pay a final dividend of 1.65 yuan per share
China Exemption (01880) announced that the company will distribute the end of the year ending December 31, 2023...
China Exemption (601888): Baiyun Airport T1 Departure Store's New Contract Landing Wins Win-Win with Baiyun Airport
Guide to this report: The new contract for the Baiyun Airport T1 Outbound Store has been signed, and China is a win-win situation with Baiyun Airport. Key investment points: The investment proposal is to maintain the 2024-2026 EPS at 3.74/4.30/4.59 yuan, respectively. ginseng
China Exemption (601888): Profitability improvements focus on off-season performance
The incident described that in the first quarter of 2024, the company achieved revenue of 18.807 billion yuan, -9.45% year on year, net profit to mother of 2,306 billion yuan, +0.25% year-on-year, after deducting net profit of 2,299 billion yuan.
Baiyun Airport (600004.SH): Signed a cooperation contract with China Duty Free Group to operate the T1 Terminal Outbound Duty Free Project
Gelonghui, April 29丨Baiyun Airport (600004.SH) announced that Guangzhou Baiyun International Airport Co., Ltd. and China Duty Free (Group) Co., Ltd. signed a cooperation contract for the operation of the T1 terminal exit duty-free project. The company transferred the right to operate the specific site to China Free Group within the contract period, and China Duty Free Group will operate duty-free goods within the scope permitted by national policies in the above regions.
Seize outbound travel bonuses? Baiyun Airport signs exit tax exemption contract with China Duty Free Group
① Baiyun Airport signed an exit tax exemption project contract with China Duty Free Group. Baiyun Airport said it will boost passenger consumption demand and enhance the resource value of terminal stores. ② The monthly operating expenses are charged according to the high charging model of “guarantee” and “commission”. Among them, the monthly guarantee contract fee is adjusted in conjunction with passenger throughput. According to the analysis, this has a positive impact on the company's performance improvement.
China Exemption (601888): Performance is in line with Express Report data, and airport tax exemption optimization is expected to smooth out the pressure period
Incident: 1Q24 achieved revenue of 18.8 billion yuan/ -9.5%, net profit due to mother of 2.3 billion yuan/ +0.2%, and net profit of 2.3 billion yuan/ +0.2% after deducting non-return to mother, which is consistent with previous performance report data. The revenue side is mainly under pressure