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China Tourism Group Duty Free (HKSE:01880) FFO


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What is China Tourism Group Duty Free FFO?

FFO (Funds from operations) only applies to REITs.


China Tourism Group Duty Free Business Description

Traded in Other Exchanges
Address
No. 2A, Dongzhimenwai Street, 8th Floor, Building A, Dongcheng District, Beijing, CHN, 100027
Established in 1984, China Tourism Group Duty Free is China's largest and the world's second-largest travel retailer in 2023 with revenue of CNY 67.5 billion. The company primarily operates duty-free stores at airports, border crossings, offshore, downtown, and on flights, cruises and ships, with about 200 stores spanning over 30 provinces in China, as well as overseas. The company also operates a duty-paid business and its 2023 revenue mix comprised 66% duty-free sales and 34% duty-paid sales and others. CTG Duty Free is 50.3% owned by China Tourism Group, a state-owned enterprise that falls directly under the state-owned Asset Supervision and Administration Commission of the State Council.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Rui Zhong Ren Shou Bao Xian You Xian Ze Ren Gong Si 2101 Beneficial owner
Blackrock, Inc. 2201 Interest of corporation controlled by you
Citigroup Inc. 2201 Interest of corporation controlled by you
Aggregate Of Abrdn Plc Affiliated Investment Management Entities 2102 Investment manager
Morgan Stanley 2201 Interest of corporation controlled by you
Bank Of America Corporation
The Capital Group Companies, Inc. 2201 Interest of corporation controlled by you
Gic Private Limited 2102 Investment manager
Brown Brothers Harriman & Co. 2502 Approved lending agent