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Although the third quarter was a low tourist season in Haina...

Although the third quarter was a low tourist season in Hainan, China Duty Free Group's performance still met market expectations, and gross margin recovered to 34.27%. However, due to increased passenger traffic and rising rents, net interest rates fell 1.47% to 8.90% month-on-month. Consumption per capita has not increased well yet, and overall consumption continues to recover. It is hoped that with the arrival of the peak season and the optimization of the company's product structure, sales performance will continue to improve.
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more
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