Pathfinder Business Income In The Third Quarter Decreased By 5 Over The Same Period Last Year.

　　 Pathfinder The third quarter announcement of Limited by Share Ltd released by the holding group Limited by Share Ltd showed that as of the end of September, the Pathfinder's operating income in the third quarter was about 613 million yuan, a sharp decrease of over 5% (51.59%) over the same period last year, and the net profit attributable to shareholders of listed companies was about 5 million 950 thousand, down by 7% (73.48%) over the same period last year. The total revenue of the Pathfinder in the first three quarters was also not ideal, about 1 billion 700 million yuan, 12.43% less than that of the same period last year. Net profit attributable to shareholders of listed companies was 100 million 300 thousand yuan, a decrease of 31.51% over the same period last year. In this regard, Pathfinder said in the third quarter announcement that the company Outdoor products And the decline in revenue from the two major business segments of travel services has resulted in a decrease in overall business revenue.

Among them, the income of the outdoor goods sector fell by 5% over the same period last year, which is inseparable from the current overall domestic economic downturn and the continued decline in consumer willingness. However, the report also shows that the explorers increased the clearance of the over season inventory in the first three quarters to further reduce the long-term operational risks brought by inventory, which resulted in a decrease in gross margin of sales compared with the same period last year. Besides, the acquisition and acquisition of high quality franchisees in the fourth quarter of 2015 also increased the cost of the retail terminal of the Pathfinder.

The decline in the travel service sector is even more severe. As a pathfinder, the business sector, which has been the key driver, has declined by about 20% in the first three quarters of the year, mainly due to its subsidiaries' easy access to the world to continue its business upgrading and spanformation. The R & D effort has been heavily invested into experiential tourism products, and the scale of the ordinary travel products business with a lower profit level has been greatly reduced, resulting in a sharp decline in operating revenue. The report also points out that despite the growth of China's national income level and the change of tourism consumption concept, it has become an experiential tourism. product The development has brought great business opportunities, but the present experience tourism market is still immature. The spanformation and investment of the explorer in the short term still have great uncertainty, and still have an impact on the realization of the overall plate revenue and the realization of the tourism service business.

Some analysts pointed out that in recent years, Pathfinder has been expanding their own team in the way of "outdoor + sports + travel", and has invested a lot in products and channel ends.