)
Edge1 May 2026
Making the Marlboro Man
The story of Marlboro's transformation from a women's cigarette to a global icon: one of the most effective brand repositionings in history.
China Tourism Group Duty Free
China Tourism Group Duty Free (601888) investor relations material
China Tourism Group Duty Free Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary29 Apr, 2026
Executive summary
Achieved stable growth with Q1 revenue of RMB 16.91 billion, up 0.96% year-over-year.
Net profit attributable to shareholders rose 21.18% year-over-year to RMB 2.35 billion.
Focused on core markets and key projects, with significant expansion in Hainan and international business.
Completed acquisition of DFS Greater China retail business and strategic H-share placements to LVMH and Miller family.
Financial highlights
Operating cash flow was RMB 3.89 billion, down 18.89% year-over-year.
Basic and diluted EPS both at RMB 1.1351, up 21.18% year-over-year.
Total assets increased 14.16% from year-end to RMB 85.6 billion.
Net assets attributable to shareholders rose 4.48% to RMB 57.96 billion.
Gross margin improved as cost control and sales growth in key regions offset higher expenses.
Outlook and guidance
Continued focus on leveraging Hainan Free Trade Port policies and international travel recovery.
Enhanced global retail presence and brand synergy expected to drive future growth.
Explain Hainan's 28% growth vs 1% total revenue
Strategic impact of H-share issuance to LVMH
DFS Greater China acquisition impact on Q1 assets
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from China Tourism Group Duty Free
- Revenue and profit declined, but gross margin and market leadership improved via innovation and expansion.601888
Q4 202515 Apr 2026 - Net profit fell 20.81% as Hainan market share and operational efficiency improved.601888Q2 202518 Dec 2025
- Q1 2025 saw double-digit declines in revenue and profit, but asset base grew.601888Q1 202518 Dec 2025
- Profit and revenue dropped, but airport duty-free sales and gross margin improved.601888Q3 202418 Dec 2025
- Revenue and profit fell, but gross margin and airport duty-free store growth improved.601888Q2 202418 Dec 2025
- Revenue and profit fell sharply, but airport and overseas duty-free sales surged.601888Q4 202418 Dec 2025
- Revenue and profit fell, but Hainan sales rebounded and an interim dividend was announced.601888Q3 202530 Oct 2025
Next China Tourism Group Duty Free earnings date
Q2 202628 Aug, 2026
China Tourism Group Duty Free
Next China Tourism Group Duty Free earnings date
Q2 202628 Aug, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Explore our global coverage