On the evening of March 30th, China National Service Corporation for Chinese Travelers Duty Free (CNSC), the world’s largest travel retail operator (stock code SH.601888), released its annual report for 2022. The report stated that the company’s offline business was greatly impacted during the reporting period, resulting in total operating revenue of CNY 54.433 billion, a year-on-year decrease of 19.57%, and a net profit attributable to the parent company of CNY 5.03 billion, a year-on-year decrease of 47.89%.
As of the close of trading on March 31st, the group’s sto …
