According to the Zhitong Finance App, Dongying Tour (06882) announced the results for the six months ended June 30, 2023, with revenue of HK$540 million, an increase of 1759.8% over the previous year; profit attributable to company owners was HK$20.69 million, with a loss of HK$567.71 million for the same period last year; basic profit of HK$4.12 per share.
As Hong Kong, China lifted COVID-19 quarantine measures, the gradual reopening of Japan's borders to tourists, and the backlog of travel demand in recent years, the outbound travel market in Hong Kong, China became active. As a result, the Group's tour group's financial performance has improved markedly. Revenue was approximately HK$450.5 million, up 19799.1% year on year and contributed 83.4% of the Group's total revenue (six months ended June 30, 2022:7.8%).