China Tourism Group Duty Free Corp Ltd - Company Profile

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China Tourism Group Duty Free Corp Ltd: Segment Analysis

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Business Description

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. It offers domestic travel services, ticket agent services, visa services, aviation services, and e-commerce. The company also provides tax-free wholesale goods including tobacco products, alcohol, and fragrant products. It operates more than 200 shops in 30 provinces, municipalities, autonomous regions, special administrative regions, and Cambodia. The company focuses on duty-free commodities such as aromatherapy products, tobacco, and other tax-free products from duty-free shops under China Duty-Free system. The company’s merchandising includes duty–free merchandising and taxable merchandising. It owns and operates duty-free shops to sell domestic goods to immigrants or outbound travelers.

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Business Segments

Overview

Consists of the company's tax-free business, and development of and investment in commercial complexes in tourist destinations.

Performance

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Overview

Consists of wholesale and retail of duty-free commodities. It sells products such as tobacco, alcohol, boutiques, clothing, electronic products. and fragrances, through its duty-free shops.

Performance

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