China Duty Free: Net profit in 2025 is expected to decrease by 15.96% year-on-year, with a proposed dividend of 4.5 RMB per 10 shares

People’s Finance News, March 30—China International Travel Service (601888) disclosed its annual report on March 30. In 2025, it achieved operating revenue of RMB 53.694 billion, down 4.92% year over year; net profit attributable to shareholders of RMB 3.5864 billion, down 15.96% year over year; and basic earnings per share of RMB 1.7334. The company plans to distribute cash dividends of RMB 4.5 for every 10 shares (including tax). During the reporting period, the company successfully won bids for 16 duty-free store operating-right projects, including the entry/exit duty-free stores at Shanghai Pudong International Airport’s T2 Terminal and S2 Satellite Hall, the entry/exit duty-free store at Shanghai Hongqiao International Airport, the entry/exit duty-free store at Beijing Capital International Airport’s T3 Terminal, and the departure store at Guangzhou Baiyun Airport’s T3 Terminal, among others. In the case of urban duty-free stores, all 13 urban duty-free stores that obtained operating rights have already opened or entered operation. The company has innovatively built a three-in-one operating model of “duty-free + tax-paid,” “offline + online,” and “imported + domestic,” creating new immersive experience-consumption scenarios, while actively introducing high-quality domestic products with regional characteristics. It has applied for “departure tax refund stores” qualification and implemented the “buy now, get refunded immediately” model, building a consumption environment characterized by “no language barriers, no payment obstacles, and no service dead ends,” thereby improving shopping experiences for foreign travelers.