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Hong Kong China Travel: Adjusted net profit in the first quarter of 2026 increased by 101% year-on-year
Excluding the tourism real estate business, revenue for the first quarter increased by 23% year-over-year.
In this quarter, the number of visitors to tourist attractions and related businesses was approximately 6.15 million, a 19% increase compared to the first quarter of 2025.
The revenue growth was mainly due to the increased number of visitors to the newly acquired Songhua Lake International Resort and other projects.
Profit growth was primarily driven by the spin-off of the tourism real estate business and increased revenue from tourist attractions.