Yunnan Tourism's profit forecast for the first half of the year was lowered to 8 million yuan to 12 million yuan

Yunnan tourism, culture and science and technology sector accelerated the construction progress of key projects, some of the projects due to the impact of acceptance progress, the income did not reach the expected.

On July 14, Yunnan Tourism (002059.SZ) released the announcement of the revision of the first-half performance forecast in 2021. After the revision, Yunnan Tourism is expected to make a net profit of 8 million yuan to 12 million yuan attributable to the shareholders of the listed company in the first half of the year, up 657.00% to 1035.50% compared with the same period last year.

Yunnan Tourism previously released the first quarter of 2021 is expected to, the company in the first half of the net profit attributable to the shareholders of the listed company variation range of 15 million yuan to 22 million yuan, 1319.38% year-on-year growth to 1981.76%.

For the reasons for the expected decline in performance, Yunnan Tourism said that on the one hand, the repeated domestic local epidemic has slowed the pace of recovery of the company's traditional tourism business to a certain extent. On the other hand, the company's tourism, culture and science and technology sector accelerated the construction progress of key projects, some projects due to the impact of acceptance progress, income did not reach the expected.