Huangshan Tourism Development (600054): Staggering Performance Growth Expectable in the Second Half --- Overweight

  • Contributor:TX Investment Consulting
  • Date:Aug 22, 2008
  • Pages:0pages
  • Price:$0.00
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Excerpts:

For 1H2008, the company reported operating revenue of Rmb434mn (+4.81% yoy), operating profit of Rmb112mn (-0.29% yoy), net profit attributable to parent of Rmb79.52mn (+10.82% yoy), EPS of Rmb 0.16.

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Tourists Received Slightly Decreased: Due to natural disasters during first half of the year, the company’s tourists received reported a 0.54% year-on-year reduce, with 985,200 in total. As a result, main businesses among different sectors of the company were negatively influenced.

 


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