trending Market Intelligence /marketintelligence/en/news-insights/trending/w7x_PaSa4qNJKxEOCRC9FQ2 content esgSubNav
In This List

Xi'an Tourism Q2 loss narrows YOY

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Xi'an Tourism Q2 loss narrows YOY

Xi'an Tourism Co. Ltd. said its second-quarter normalized net income amounted to a loss of 28,900 yuan, compared with a loss of 1.7 million yuan in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to negative 0.0% from negative 1.0% in the year-earlier period.

Total revenue climbed 27.9% on an annual basis to 218.5 million yuan from 170.9 million yuan, and total operating expenses rose 26.9% year over year to 220.4 million yuan from 173.6 million yuan.

Reported net income totaled a loss of 83,410 yuan, or a loss of 0 fen per share, compared to a loss of 4.0 million yuan, or a loss of 2 fen per share, in the prior-year period.

As of Aug. 6, US$1 was equivalent to 6.21 yuan.