Lower costs
CHINA International Travel Service Co, the country's largest travel agency, said its annual net profit rose 41.37 percent last year on lower operating costs and expanded markets.
Net profit hit 312.75 million yuan (US$45.8 million) last year on revenue of 6.1 billion yuan, which was up 4.23 percent from 2008, said its annual report filed with the Shanghai Stock Exchange yesterday.
Net profit hit 312.75 million yuan (US$45.8 million) last year on revenue of 6.1 billion yuan, which was up 4.23 percent from 2008, said its annual report filed with the Shanghai Stock Exchange yesterday.
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