Listed Tourism Companies' H1 2026 Results Show Widening Divergence

Pinchain Tourism analyzed H1 2026 reports of 25 A-share listed tourism companies, showing industry growth but profit pressure. China Tourism Group Duty Free led with revenue of 27.655 billion yuan and net profit of 3.106 billion. Zhangjiajie's net profit surged 1026.8% due to debt restructuring gains, but still lost money ex-items. Songcheng Performance and CYTS saw declines, with regional divergence evident.