China Youth Travel Service (600138.SH) pre-cut sales. Net profit for the first half year is expected to be 22.5 million yuan, a year-on-year decrease of 66.34%

According to the Zhitong Finance App, China Youth Travel Service (600138.SH) announced that the company expects net profit attributable to owners of the parent company for the first half year of 2026 to be 22.5 million yuan, a decrease of 44.353 million yuan compared with the same period last year, a decrease of about 66.34% over the previous year.

During the reporting period, on the one hand, external negative factors such as weather, safety, and consumption continued to be compounded, and competition in the cultural tourism industry was further intensified. The company's travel agency, building leasing, hotel, and scenic spot business were all adversely affected to varying degrees, with a total impact of about -40.3 million yuan on net profit; on the other hand, the company continued to strengthen overall capital management, and interest expenses fell year-on-year, which had a positive impact on net profit of 17.9 million yuan.