---
title: "CTG DUTY-FREE's net profit last year fell by approximately 16% year-on-year to 3.586 billion RMB"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279923910.md"
description: "CTG DUTY-FREE announced its 2025 financial report, with total operating revenue of RMB 53.694 billion, a year-on-year decrease of 4.92%. The net profit attributable to shareholders of the listed company was RMB 3.586 billion, a year-on-year decrease of 15.97%; basic earnings per share were RMB 1.7332. The company pointed out that the gross profit margin of its main business in the fourth quarter of 2025 increased by 4.12 percentage points year-on-year. During the reporting period, net profit was affected by goodwill impairment, but excluding this factor, net profit in the fourth quarter increased by 150.63% year-on-year"
datetime: "2026-03-20T10:00:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279923910.md)
  - [en](https://longbridge.com/en/news/279923910.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279923910.md)
---

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# CTG DUTY-FREE's net profit last year fell by approximately 16% year-on-year to 3.586 billion RMB

CTG DUTY-FREE (01880.HK) announced that the total operating revenue for 2025 is RMB 53.694 billion, a year-on-year decrease of 4.92%. The net profit attributable to shareholders of the listed company is RMB 3.586 billion, a year-on-year decrease of 15.97%; basic earnings per share is RMB 1.7332.

The company stated that in the fourth quarter of 2025, the gross profit margin of its main business increased by 4.12 percentage points year-on-year. During the reporting period, in accordance with the requirements of enterprise accounting standards, the company made impairment provisions for goodwill of key subsidiaries, which had a certain impact on the company's net profit. After preliminary calculations, excluding the impact of goodwill impairment losses, the net profit attributable to the parent company's owners in the fourth quarter of 2025 increased by 150.63% year-on-year

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