China Tourism Group Duty Free Corp Ltd - Company Profile
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China Tourism Group Duty Free Corp Ltd (CTG Duty Free), a subsidiary of China Tourism Group Co., Ltd., is a travel agency and duty-free company. The company is primarily engaged in retail business of travel commodities and the provision of related services. It offers a range of duty free as well as taxed product through its duty-free stores located in airports, planes, borders, passenger stations, railway stations. It offers its products to ocean shipping supplies, diplomats, cruise ships and cities (off-island and departure) in more than 30 provinces, municipalities, autonomous regions, special administrative regions, and Cambodia. It is also engaged in development of tourism retail complexes and property leasing activities. The company operates in China, Macao, Cambodia, Taiwan, and Hong Kong. CTG Duty Free is headquartered in Beijing, China.
Headquarters
China
Address
8th Floor, Block A, No. 2, Dongzhimen Waixiao Jie, Dongcheng District, Beijing City, 100027
Website
www.ctgdutyfree.com.cn
Telephone
86 10 84478866
No of Employees
16,808
Industry
Leisure and Arts
Ticker Symbol & Exchange
601888 (SHA)
Revenue (2022)
$8.1B
-19.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-47.9%
(2022 vs 2021)
Market Cap*
$20.5B
Net Profit Margin (2022)
XYZ
-35.2%
(2022 vs 2021)
* As of and is in US$
China Tourism Group Duty Free Corp Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Duty free products | Inbound, Outbound, and Domestic Travel |
| Individual Tours | |
| Leisure Tours | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In January, the company entered into an agreement with Beijing Capital Airport Commercial & Trading Co., Ltd, Shanghai Pudong International, and Shanghai Hongqiao International Airports to increase the competitiveness of the airport duty-free business at the Chinese hub. |
| 2023 | Corporate Awards | In June, the company was ranked 60th among the China's 500 Most Valuable Brands at the "World Brand Conference" by World Brand Lab. |
| 2023 | Incorporation/Establishment | In March, the company has announced the opening of duty-free store at Chengdu Tianfu International Airport. |
Competitor Comparison
| Key Parameters | China Tourism Group Duty Free Corp Ltd | Trip.com Group Ltd | China CYTS Tours Holding Co Ltd | Tibet Tourism Co Ltd | GZL International Travel Service Ltd. |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing City | Shanghai | Beijing | Lasa | Guangzhou |
| State/Province | Beijing | Shanghai | Beijing | - | Guangdong |
| No. of Employees | 16,808 | 32,202 | 6,779 | 512 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Li Gang | Chairman | Executive Board | 2023 | 54 |
| Chen Guoqiang | Vice Chairman | Executive Board | 2023 | 59 |
| Wang Xuan | Director; Managing Director | Executive Board | 2023 | 55 |
| Yu Hui | Chief - Accountant | Senior Management | 2021 | 43 |
| Ge Ming | Director | Non Executive Board | 2021 | 72 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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