During the reporting However, affect by multiple factors such as market environment and industry cycle, in 2024, the
company achiev operating income of RMB 56.492 billion, a yearonyear decrease of 16.36%; and achiev
net profit attributable to shareholders of list telegram data companies of RMB 4.263 billion, a yearonyear decrease of 36.50%.
The company went against the trend and continu to develop the Hainan market, launch a new
“dutyfree +” shopping experience, and creat a new development pattern of indepth integration of
“culture, commerce, sports, and tourism”. Hainan’s offshore dutyfree market share increas by nearly 2 percentage points yearonyear.
By consolidating and expanding airport channels
Airport dutyfree business continu to improve. The revenue of dutyfree shops at Beijing Airport
(including Capital International Airport and Daxing International Airport increas by more than 115%
yearonyear, and the revenue of dutyfree shops at Shanghai Airport (including Pudong International
Airport and Hongqiao International Airport creative strategies to implement effective discounts in your e-commerce increas by nearly 32% yearonyear. We optimiz the
business layout of city stores and actively expand new city city store projects. We have won bids for
four city dutyfree store projects in Shenzhen, Guangzhou, Xi’an and Fuzhou, and the Dalian city
dutyfree store has been newly open. We have advanc our overseas business layout
Open boutique stores at Singapore Changi Airport and Hong Kong International Airport
Open dutyfree counters for jewelry brands in Tokyo Ginza, and open a dutyfree shop in Sri Lanka.
Implement the strategy of promoting the overseas expansion of national trends, practice the leading
responsibility and mission of central enterprises to promote a global layout and promote a new pattern
of domestic and international dual circulation mobile lead development, help Chinese brands achieve greater
excellence in the international market, and achieve a winwin situation of sustainable development and
cultural communication. Digitalization empowers membership operations and improves customer experience and stickiness. As of now, China Duty Free has more than 38 million members, and the member repurchase rate has increas by 1 percentage point yearonyear During the reporting.
