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Wudang Tourism's net profit fell by 14% in 2018 to 39,937,400 yuan

April 15, 2019 22:54
source: Capital state

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On April 15, Wudang Tourism (836374) was released in 2018.annual report.

The annual report shows that the company achieved in 2018Operating income177 million yuan, an increase of 162.717 million yuan over the previous year, an increase of 10.09%. After deducting non-recurring gains and lossesNet profit371.722 million yuan, annual recurring net profit plan of 30 million yuan, an increase of 23.91% compared with the annual plan. The current weighted average return on equity was 29.08%, and the earnings per share was 0.80 yuan.

The net profit of Wudang Tourism decreased by 13.95% year-on-year to RMB 39,937,400. The company explained that the main reason was that the net profit decreased from the previous year's decrease in the profit and loss of disposal assets. The net profit after deducting non-recurring profit and loss increased by 65.36% over the previous year. Business and rental income growth; in salesPerformanceIn the case of growth, the cost of tour bus resource fees has dropped significantly, and the company's net profit from continuing operations has increased with operating profit.

Wudang Tourism believes that in 2018, the tourism industry has continued to improve, tourism consumption has escalated, and the pursuit of cultural experience and spiritual life has been strengthened. The new business has become the driving force of supply-side reform, from traditional stepping-point scenic spots to rich culture. In addition to eco-agriculture, local cultural development, health care, film and television culture, ice-snow towns, equestrian, tennis and martial arts have begun to emerge.

Capital State was informed that Wudang Tourism was listed on March 21, 2016. The company is mainly engaged in tourist passenger transportation, hotel business (Wudangshan Jianguo Hotel, Wudangshan Nanyan Jianguo Inn), travel agency, shop rental (Wudangshan Jinjie, Yinjie) Parking service, martial arts teaching (Wu Dangshan International Wushu Academy, Wuhan Institute of Physical Education).

(Article source: Capital State)

                (Editor: DF395)

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