China Cyts Tours Holding Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 06:07 am EDT
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China Cyts Tours Holding Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 6,230.81 million compared to CNY 4,647.26 million a year ago. Revenue was CNY 6,230.81 million compared to CNY 4,647.26 million a year ago. Net income was CNY 37.26 million compared to net loss of CNY 127.88 million a year ago. Basic earnings per share from continuing operations was CNY 0.0515 compared to basic loss per share from continuing operations of CNY 0.1767 a year ago. Diluted earnings per share from continuing operations was CNY 0.0515 compared to diluted loss per share from continuing operations of CNY 0.1767 a year ago.
China CYTS Tours Holding Co Ltd is a China-based company principally engaged in investment, operation and management of cultural tourism destinations and comprehensive cultural and tourism services. The Company operates five segments. Tourism Products and Services segment mainly provides travel services such as group tours and independent travel. Integrated Marketing Services segment mainly provides services such as public relations communication, sports marketing, conference management, and exhibitions. Hotel Business segment is mainly engaged in the investment and operation management of hotel chains. Scenic Spot Management and Real Estate Sales segment mainly provides scenic spot tours, rural vacation tourism services, and engages in real estate sales. Information technology (IT) Product Sales and Technical Services segment mainly sells IT infrastructure products such as media switching servers, routers, and monitoring equipment and provides welfare lottery technical services.