Zitong Financial App News, Japan Travel (06882) released results for the six months ended June 30, 2023, with an income of HK $540 million, an increase of 1759.8% over the same period last year; the profit attributable to the owners of the company was HK $20.69 million, compared with a loss of HK $56.771 million in the same period last year; basic profit per share was HK4.12 cents.
Hong Kong, China's outbound travel market has become active due to the lifting of COVID-19 quarantine measures in Hong Kong, the gradual reopening of the Japanese border to tourists and the backlog of tourism demand in recent years. As a result, the financial performance of group tours has rebounded significantly. The income was about HK $450.5 million, an increase of 19799.1% over the same period last year and the total income of the contribution Group was 83.4% (six months ended June 30, 2022: 7.8%).