China International Travel Service: Net profit in the first half was 3.11B yuan, up 19.49% year over year

China Duty Free (China CDF) released a performance quick report. In the first half of the year, operating revenue was 27.59B yuan, down 1.99% year over year; net profit was 3.11B yuan, up 19.49% year over year. In the first half of 2026, the company fully seized opportunities arising from the full-island customs closure operations of Hainan’s free trade port and the implementation of the new departure duty-free policy; it continued to further consolidate its superior market position in Hainan, achieving double improvements in both operating performance and market share. At the same time, the company continued to advance operational improvement and upgrades for key airport duty-free stores, and after the delivery and settlement, the acquisition of DFS Greater China’s retail business also achieved favorable integration results and economic benefits.
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