Aug 02, 2021
Monthly Digest: China Cosmetics Industry Review | July 2021

Market Updates

1.       China Duty Free, the biggest duty-free company in China, released its half-year financial result recently. In 2021H1, China Duty Free reached 35.501 billion yuan revenue, increasing by 83.85% YoY. Its profit was 8.607 billion yuan, with a YoY growth rate of 626.77%. Its offshore island duty-free business contributed most to its explosive growth.

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Ye Chen
ChemLinked Research Analyst
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